British multinational telecommunications company Vodafone Group Plc is preparing to lay off several hundred of its employees, according to a Financial Times report.
The majority of employees who need to see the exit door are based at the company’s London headquarters, according to a report released on Friday.
Vodafone is taking the step to cut its operating costs, according to a respected British newspaper, citing people familiar with the matter.
Vodafone did not immediately respond to a request from Reuters news agency for comment.
Source: APE-MPE, Reuters.
Source: Kathimerini
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