Vodafone Spain to axe 1,200 jobs

The football TV war and the proliferation of low-cost packages is seeing Vodafone Spain drastically cut staff.

The company has announced a redundancy plan that will affect 1,200 out of its total workforce in Spain of 5,000. Vodafone states that the layoffs, to take effect in February and March, are the result of the obligation to reduce costs due to a fall in earnings caused by a continuous reduction of prices.

Source: Vodafone Spain to axe 1,200 jobs