News Tag: Vodafone
March 9, 2010
Telecoms company Vodafone has announced plans to cut a further 375 jobs as part of its £1 billion cost-cutting programme, undertaken last year by the company as a result of a sharp decline in revenues from its core UK market.
The company, which is the world’s largest mobile phone operator, said the job losses would mainly affect back office positions in ...
Vodafone to axe further 375 jobs
by Kay Murchie
November 26, 2009
Telecoms company Vodafone has announced it is to close its final salary pension scheme to 4,000 current employees.
The mobile phone giant is the latest in a long line of companies to adopt these measures as a result of rising costs amid the recession.
The company recently announced it was looking to increase its £1 billion cost-cutting programme by ...
Vodafone latest company to close final salary pension scheme
by Kay Murchie
November 11, 2009
In an attempt to cut costs, US software company Adobe Systems is to axe 680 jobs worldwide - the equivalent of 9% of its workforce.
The software company, which is known for Photoshop, Flash and Acrobat, said the restructure is necessary in order to reduce costs.
As a direct result of the cuts, Adobe said it would be hit with pre-tax ...
Adobe Systems to axe almost 700 jobs
by Kay Murchie
November 10, 2009
As part of its ongoing global cost-cutting programme, Swedish telecoms equipment maker Ericsson is to eliminate 700 jobs from its research and development operation in Coventry.
The cuts will be made by the middle of next year and the company said after that time, the facility would no longer be viable.
Ericsson has been in Coventry for four years since it acquired ...
Ericsson to cut 17% of UK workforce
by Kay Murchie
Vodafone hints at further job cuts amid cost-cutting programme
by Kay Murchie
June 29, 2009
Vodafone, the mobile phone operator, is considering buying T-Mobile UK, which would create the UK’s largest mobile operator.
Both companies have declined to comment but reports say Vodafone is interested in acquiring T-Mobile after it was placed on the market by its owner, Deutsche Telekom.
However, The Financial Times has reported that the deal may not approved by regulators. As well as being bound by ...
Vodafone considers T-Mobile bid
by Kay Murchie
March 24, 2009
A deal was announced yesterday between O2 and Vodafone whereby they plan to share a pan-European network that includes Spain, Ireland, Germany, and the United Kingdom over the next 10 years.
As part of a cost cutting exercise it means they will be jointly building new sites for base stations within the UK as well as being able ...
O2 and Vodafone to share network and cut costs
by Peter Charalambous
November 11, 2008
Cable, internet and phone company, Virgin Media, has announced today it is cutting 2,200 jobs from its 14,600 workforce.
The job losses, which represent 15% of its workforce, are part of major restructure and will save up to £120 million ($186.4 million) over the next 4 years.
Sources close to the company ...
UK unemployment set to rise with Virgin Media, Taylor Wimpey, GSK and Psion announcing job losses
by Kay Murchie
