Vodafone will lay off 2,300 jobs in Germany - almost one in five employees.
The communications group has announced that it will cut or transfer 2,300 jobs at its German subsidiary over the next two years. Almost one in five of the company's employees will be affected by the changes. Vodafone Germany CEO Marcel de Groot cited high cost pressures, increased competition and the need to restructure the business as reasons for the decision.
THE COMPANY PLANS TO USE ARTIFICIAL INTELLIGENCE AND MAKE AUTOMATED WORK PROCESSES. IT HAS NOT YET BEEN PUBLISHED WHICH SPECIFIC AREAS WILL BE AFFECTED BY THE CUTS. A DETAILED PLAN IS EXPECTED IN JANUARY. ACCORDING TO WDR, WOODPHONE EXPECTS TO RUN WITHOUT DISMISSAL FOR OPERATIONAL REASONS AND USE OTHER MEANS FOR REDUCING ITS HUMAN POWER.