Telecom giant Vodafone is set to slash 11,000 jobs over the next three years, equivalent to around 10% of its total workforce. The cuts are part of a plan to “simplify” the company, according to new CEO Margherita della Valle, who said that Vodafone’s performance “has not been good enough.” The job losses will be felt across multiple countries, including Germany and Italy, as well as the UK.
