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Evening Standard
Evening Standard
Anna Wise

Vodafone sheds 1,200 jobs in Europe amid £1.7 billon cost-cutting drive

The new plan has been designed to offer more choice in the social broadband market (Alamy/PA) -

Vodafone Group has said it cut 1,200 jobs across Europe in recent months as the telecoms giant aims to strip two billion euros (£1.71 billion) from its costs in the next four years.

It came as shareholders in the company approved a pay package worth £10 million for boss Margherita Della Valle.

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