Vodacom Initiates Workforce Reduction to Accelerate Technological Transition

Vodacom lays off 80 staff, adapting to industry shifts, focusing on tech evolution and cost efficiency.

South African telecom giant Vodacom is set to lay off around 80 employees as it streamlines operations. The restructuring affects all levels within the organization and comes as Vodacom strives to adapt to a rapidly evolving industry and customer demands.

This move aligns with the company’s broader vision of transitioning from a traditional telecommunications provider (Telco) to a leading technology player. Vodacom is reportedly implementing cost-cutting measures to ensure financial stability during this transformation.

Vodacom is a leading and purpose-led African connectivity, digital and financial services company. The Group, including Safaricom, serves 196.2 million customers spanning across the consumer and enterprise segments.

Source: https://www.bnnbloomberg.ca/vodacom-group-plans-to-cut-80-jobs-in-its-biggest-market-1.2048653

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