Latest in Economy

Image credit:

Vodafone to slash hundreds of jobs in Britain

Darren Murph

Yet another company has succumbed to making tough choices in the face of a rough economy, as Vodafone is reportedly preparing to lay off "hundreds" of workers in Britain. The report stated that the cuts could come as soon as this week, and while there was no definite number given as to how many of its 10,000 employees would be asked to leave, we do know that the operator is aiming to "boost free cash flow by cutting one billion pounds of costs." Predictably, Voda declined to comment on the report, but it'll probably have to talk soon whether it wants to or not.

From around the web

ear iconeye icontext filevr