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2023-05-16 08:21:19
Due to bleak business prospects, the new CEO Magherita Della Valle has prescribed a drastic cure for the British telecom giant Vodafone. In the next three years, 11,000 jobs would be cut worldwide and the group would be streamlined, she announced on Tuesday. That is regarding ten percent of all employees. “Our performances were not good enough. We will simplify our organization to regain our competitiveness.”
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