Beautiful Virgin Islands

Friday, Jul 10, 2026

0:00
0:00

Mobile phone giant Vodafone to cut 11,000 jobs globally over three years as new boss says its performance not good enough

Vodafone, the world's second-largest mobile phone company, has announced plans to cut 11,000 jobs globally over the next three years.
The job cuts are part of a restructuring plan by new CEO Margherita Della Valle, who took over the company in December. Della Valle said that the job cuts are necessary to make Vodafone more efficient and competitive.

"Our performance has not been good enough," Della Valle said in a statement. "We need to make some tough decisions to improve our profitability and return to growth."

The job cuts will affect all parts of Vodafone's business, including its headquarters in London and its operations in Europe, Africa, and Asia. The company said that it will offer severance packages to affected employees and will help them find new jobs.

The job cuts are a sign of the tough times facing the mobile phone industry. The industry is facing increasing competition from new entrants, such as Google and Amazon, and from rivals that are merging, such as AT&T and Time Warner.

Vodafone is not the only mobile phone company that is cutting jobs. In recent months, other major mobile phone companies, such as T-Mobile and Sprint, have also announced plans to cut jobs.

The job cuts in the mobile phone industry are a sign of the changing landscape of the industry. The industry is becoming more competitive and more consolidated, and this is leading to job losses.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Federal Financial Framework Shifts as Treasury Launches Universal Savings Program for Minors
French Court Allows Le Pen to Run for Presidency, but with an Electronic Tag: "I Will Appeal, and I Will Run"
$1.4 Trillion: The Lawsuit That Could Crush Meta
Europe's Growing Struggle with Extreme Heat and Air Conditioning
UK Daily Briefing: Legal Developments and Social Issues
Political Turmoil and Rising Costs
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Deep Purple Has Released Its Best Album in Decades
Microsoft Lays Off 4,800 Employees and Xbox Suffers the Hardest Blow
Morocco and France Advance as 2026 FIFA World Cup Enters Quarterfinals.
Historic 2026 Tour de France Opens in Barcelona With Revamped Team Time Trial.
Global Mergers and Acquisitions Approach $4 Trillion Defying Geopolitical Tumult.
Negotiators Advance 20-Point Framework for Gaza Ceasefire and Demilitarization.
OECD Warns Middle East Conflict Will Depress Global Economic Growth.
Ukrainian Drones Strike Major Oil Terminal in St. Petersburg.
World Meteorological Organization Issues Urgent Alert Over Rapidly Intensifying El Niño.
United States Commemorates 250th Anniversary With Diplomatic Summits and Global Flotilla.
Iran Begins Days-Long Funeral for Supreme Leader Khamenei Amid Strait of Hormuz Standoff.
Technology giant reports surging carbon emissions driven by artificial intelligence infrastructure demands.
Artificial intelligence adoption accelerates workforce reductions across the technology and financial sectors.
Global technology and financial conglomerates collaborate to launch a new stablecoin standard.
United States regulators lift export restrictions on a major frontier artificial intelligence model.
Luxury bags take over the World Cup: style, status symbol, or just showing off?
×