Vodafone Group Plc, the world’s largest mobile-phone company, plans to cut hundreds of jobs in the U.K. to reduce costs and protect earnings amid the economic slowdown, two people with direct knowledge of the plan said.
The company aims to announce the measures tomorrow, said the people, who declined to be identified because the plans are confidential. The jobs will be eliminated at Vodafone’s U.K. operations, the people said, declining to give a precise number.
Monday, February 23, 2009
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