Vodafone is cutting jobs across the UK and Europe as part of a wider cost-cutting programme, while also raising its profit guidance. One report says the company cuts 3,000 roles in the UK and Europe amid €2 billion cost cuts, alongside additional changes to reduce staffing and expenses.
In parallel, Bloomberg Technology reports that Vodafone lifts its full-year profit forecast after its campaign to cut costs and reduce the workforce. Other coverage also points to further job reductions planned in Germany, including a stated target of 2,300 cuts to improve performance.
Across outlets, the shared focus is the combination of restructuring and improved outlook. Some stories lead with the scale and timing of layoffs (including “another” cuts in the first half), while others emphasize the financial result of the measures through raised annual earnings guidance. Coverage also varies in how it locates the cuts, with the UK and Europe highlighted in some reports and Germany receiving extra detail in others.