Vodafone earnings boosted as cost-cutting leads to 1,200 job losses in Europe

Major phone company gives update after 1,200 job cuts

The telecoms giant aims to shave about £700 million a year from its total costs and capital spending by the 2030 financial year.

Vodafone earnings boosted as cost-cutting leads to 1,200 job losses in Europe

Vodafone said its cost-saving initiatives had helped deliver the reduction in roles across Europe and in its shared operations.

Vodafone confirms 1,200 job cuts as it targets £700m savings

Vodafone has confirmed around 1,200 job cuts across Europe as part of a major cost-cutting plan designed to save the telecoms giant millions. The telecoms giant revealed the reduction in employees came as it worked to make the business more efficient, with cuts affecting teams across Europe and shared operations during the three months ended June 2026. Don’t miss the stories shaping the future of mobile technology.Subscribe to Mobile Europe’s ne…