Vodafone plans 11,000 job cuts and forecasts cash-flow decline

Vodafone Group on Tuesday said it planned to cut 11,000 jobs as it "rebased" its current-year forecasts at a much lower level.

Vodafone Group on Tuesday said it planned to cut 11,000 jobs as it “rebased” its current-year forecasts at a much lower level.

“Our performance has not been good enough. To consistently deliver, Vodafone must change,”... Vodafone Group on Tuesday said it planned to cut 11,000 jobs as it “rebased” its current-year forecasts at a much lower level. “Our performance has not been good enough. To consistently deliver, Vodafone must change,” said CEO Margherita Della Valle in a statement.

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