The British telephone group Vodafone will cut 11,000 jobs over three years. The group's poor results in Europe push it to initiate this redundancy plan.
Rising interest rates and energy costs do not make the group's job any easier. The operator wants to reduce its costs by 1 billion euros by 2026. A large part of the jobs cut will concern the teams at the London headquarters. The strategy is to focus on Europe and Africa, especially through its subsidiary, Vodacome.