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General

Vodafone Spain to axe at least 600 jobs after Ono merger

Thursday 11 December 2014 | 10:19 CET | News
Vodafone Spain has acknowledged that it will be cutting at least 600 jobs over the coming months as a result of its acquisition of Spanish cable provider Ono earlier this year. Speaking to reporters, Vodafone Spain's CEO Antonio Coimbra said the collective dismissal would affect at least 10 percent of the combined workforce of the two companies, which currently stands at around 6,000 employees (3,500 from Vodafone and 2,500 from Ono). "In processes of this nature the redundancies are usually between 10 percent and 30 percent. But in this case, I hope that it'll be closer to 10 percent than 30

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Categories: General
Companies: Ono / Vodafone Spain
Countries: Spain
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