We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Vodafone Group Plc | LSE:VOD | London | Ordinary Share | GB00BH4HKS39 | ORD USD0.20 20/21 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.18 | -0.27% | 67.48 | 67.48 | 67.50 | 69.32 | 67.42 | 69.32 | 26,962,518 | 16:35:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Radiotelephone Communication | 45.71B | 11.84B | 0.4372 | 1.54 | 18.28B |
From May 2019 to May 2024
By Adria Calatayud
Vodafone Group PLC (VOD.LN) said Thursday that it plans to cut up to 1,200 jobs in Spain, around 24% of its workforce in the country, blaming price pressures amid increased competition.
The U.K. telecommunications group, which employs 5,100 people in Spain, will this month begin a monthlong consultation with employees, it said.
Vodafone said the job cuts follow a decline in revenue and earnings from its Spanish operations in the first half of fiscal 2019.
Demand for telecommunication services is increasing in Spain, although it is weighted toward low-and-medium cost offerings, Vodafone said. The company said the job cuts are aimed at protecting investment capacity and will make it a more competitive organization better adapted to customers' needs.
Shares at 1109 GMT were up 0.3% at 153.24 pence.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
January 10, 2019 06:28 ET (11:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Vodafone Chart |
1 Month Vodafone Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
