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Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

Tue, 26th Mar 2024 10:43

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

"Personnel costs will be reduced through savings and the relocation of around 2,000 jobs - also because manual tasks will be performed by increased automation in future," it said. ($1 = 0.9206 euros) (Writing by Miranda Murray, Editing by Rachel More)

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