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Vodafone Group Plc's Spanish Unit Plans Job Cuts In Spain-Dow Jones


Monday, 14 Jan 2013 09:38am EST 

Dow Jones reported that Vodafone Group Plc announced that it is planning job cuts at its troubled Spanish unit as the mobile operator continues to grapple with a sagging economy in southern Europe. The Company, which has about 4,300 staff in Spain, said it would talk to unions this week about the extent of the job losses and their terms. The Company’s spokesman announced that as many as 25% of the staff may be dismissed, some 1,000 workers, but the Company hasn't provided any estimate yet. 

Company Quote

34.65
-0.05 -0.14%
24 Dec 2014