Vodafone Group Plc is planning to shed several hundred jobs, most of which are located at its London headquarters, the Financial Times reported on Friday, citing people briefed on the discussions.
of cost-saving measures worth 1 billion euros in the wake of a deteriorating market outlook.down, a tenure during which the British telecom group's share price nearly halved, as the board expressed its unhappiness with the progress under him.
Earlier this week, Vodafone agreed to the sale of its business in Hungary to local IT company 4iG and the Hungarian state for a total of 1.7 billion euros in cash, a deal that was
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