Vodafone to start cutting costs in January?
By Ben Robinson on Saturday, January 3rd, 2009 at 5:19 AM PST In Vodafone
According to Mobile Today, the new group CEO Vittorio Colao is expected to start fulfilling his promise to save £1bn. This could involved job cuts, and could also affect the technology and supply-chain depts.
The costliest of the Vodafone (NYSE: VOD) OpCos are apparently Italy, Spain, and the UK – so you can expect he will be taking a close look at those – plus some others I’d expect, if he is going to ground out £1bn of savings….
[Via: Mobile Today]
