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Evening Standard
Evening Standard
Business
Simon Hunt and Daniel O'Boyle

Vodafone to cut 11,000 jobs as CEO says ‘our performance has not been good enough’

Vodafone Margherita Della Valle

Telecoms giant Vodafone today announced sweeping cuts of at least 11,000 jobs as new CEO Margherita Della Valle laid out a fresh turnaround plan to reverse the company’s fortunes.

Staff at the firm’s global headquarters in Paddington would be laid off, in addition to roles in Germany and Spain being eliminated in a bid to streamline operations and improve profitability.

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