Vodafone cut 1,200 jobs across Europe and its shared-services operations in the three months to the end of June, part of a plan to strip €2bn (£1.7bn) out of its cost base over the next four years.
£1.7bn
Group cost savings target over 4 years
Some of the reduction came through natural attrition — roles not being backfilled after people left — rather than formal redundancy. Vodafone has not broken out how many of the 1,200 roles were in the UK specifically.
The UK arm, now trading as VodafoneThree after last year's merger with Three UK, is separately targeting about £700m a year in cost and capital spending savings by the 2030 financial year. Chief executive Margherita Della Valle's overhaul is refocusing the group on Germany, the UK and Africa, while it exits smaller markets like Spain and Italy.
