March 11, 2019 / 3:30 PM / a year ago

Vodafone plans 1,130 job cuts in Italy

FILE PHOTO: A Vodafone logo is seen on a mobile internet dongle in this photo illustration, November 9, 2010. REUTERS/Suzanne Plunkett/Illustration/File Photo

MILAN (Reuters) - The world’s second largest mobile operator Vodafone said on Monday it aims to cut its Italian workforce by 16 percent as part of a broader effort to reshape its business model given increasing pressure in the country’s mobile market.

The company will open negotiations with local trade unions over 1,130 redundancies, it said in a statement on Monday. Vodafone employs around 7,000 people in Italy, according to its website.

Last week Telecom Italia has reached a deal with trade unions on 4,300 job cuts, a source familiar with the matter has said.

Reporting by Elvira Pollina; editing by Agnieszka Flak

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below