The losses had been revealed in CEO Margherita Della Valle’s first outcomes announcement since turning into everlasting CEO. She stated the telecoms big wanted drastic change.
She stated: "Today I am announcing my plans for Vodafone. Our performance has not been good enough. To consistently deliver, Vodafone must change.
“My priorities are customers, simplicity and growth. We will simplify our organisation, cutting out complexity to regain our competitiveness. We will reallocate resources to deliver the quality service our customers expect and drive further growth from the unique position of Vodafone Business."
As of the tip of final 12 months, Vodafone employed 104,000 folks throughout the globe.
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