Vodafone to Layoff 2,000

Vodafone Group Plc, the British multinational telecommunications company, was founded in 1991 and has its headquarters in Berkshire, England. As of 2024, it owns and operates networks in 21 countries. According to reports, Vodafone has announced plans to lay off 2,000 employees over the next 2 years in its Germany operations.

This restructuring plan aims to cut costs, update outdated IT structures, and would save the company $434 million USD. In May 2023, Incognito Blog reported Vodafone’s layoffs of 11,000 workers.