The number third telco in Australia, Vodafone, has announced that it will be cutting 10% off it’s work force. This will reduce approximately 500 of their 5000 staff. The cuts are expected to happen next month, and is intended to streamline the business which has had to struggle with a loss of a million customers over the past couple of years.
The reduction is staff is expected to be coming from the back office areas. Vodafone boss, Bill Morrow, announced that the reduction in staff was meant to build a leaner, more effective operating model.
They are looking to simplify their business so that they can grow in the long term. They want to prioritize every dollar towards improving the network which has failed the company.
Vodafone are one of the best value carriers. You can often get a Vodafone promo code which reduces the cost of your plan.