February 23, 2009
Vodaphone to slash jobs
Story link: Vodaphone to slash jobs
Although Vodaphone are posting very impressive sales and profit/loss figures as well as their predictions for the rest of 2009, they still need to scale back in case 2009 does not go their way.
They are basically preparing themselves in case their end of the market starts to dip, although that bears no help for the people losing their jobs.
Mobile phone giant Vodafone is to cut hundreds of jobs in the UK, Sky sources say.
The news comes after the group earlier this month reported a 1% dip in underlying third quarter sales, despite a weaker pound helping its full-year prospects.