Feeds

Vodafone confirms layoffs

500 staff to go

Boost IT visibility and business value

UK network operator Vodafone has confirmed it is laying off 500 staff in its continuing effort to cut costs in the face of falling profits.

The 500 people were given the bad news this morning. The cuts are coming from across the group, though retail operations won't be affected; 170 are being laid off from the Newbury headquarters. This is in line with previous moves by the company to cut back-end staff while focusing on selling stuff - not an unreasonable strategy given prevailing conditions.

The company sent us a statement saying that no services will be affected, which does beg the question of what those 500 people were doing all day. Network operators are notoriously overstaffed, but there is a concern that this policy might see fewer products developed in future, as well as less involvement in industry bodies - for better or worse.

Vodafone also tells us that: "New roles are being created to develop total communications services and solutions and in addition the retail estate and online services will be the focus for ongoing investment", which would seem to reinforce the shift from developing products to packaging and selling them.

The Essential Guide to IT Transformation

More from The Register

next story
Scotland's BIG question: Will independence cost me my broadband?
They can take our lives, but they'll never take our SPECTRUM
Bring back error correction, say Danish 'net boffins
We don't need no steenkin' TCP/IP retransmission and the congestion it causes
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
NBN Co adds apartments to FTTP rollout
Commercial trial locations to go live in September
Samsung Z Tizen OS mobe is post-phoned – this time for good?
Russian launch for Sammy's non-droid knocked back
Telstra to KILL 2G network by end of 2016
GSM now stands for Grave-Seeking-Mobile network
Seeking LTE expert to insert small cells into BT customers' places
Is this the first step to a FON-a-like 4G network?
What FTC lawsuit? T-Mobile US touts 10GB, $100 family-of-4 plan
Folks 'could use that money for more important things' says CEO Legere
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.