Vodafone Spain's former unit, now Zegona Communications, plans to cut 1,200 jobs after €5bn acquisition.

Vodafone Spain's former unit, now under Zegona Communications, plans to cut 1,200 jobs, or over a third of its workforce. The move comes after Zegona's €5bn acquisition of Vodafone Spain. The company cites "economic, productive, and organizational factors" as the reason for the redundancy plan, which it says is necessary for the company's future viability and competitiveness.

June 12, 2024
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