VODACOM Group is planning to cut jobs at home in South Africa, its biggest market, to help reduce costs.
Africa’s largest wireless company by market value expects to cut about 80 jobs, the Johannesburg-based Vodacom said in response to queries on Monday. The firm employs about 5 400 people and the reductions will be at all levels of the company, it said.
“We routinely ensure that our business operations are fit for purpose as we transition from a telco to a leading technology company,” said a spokesman for Vodacom. “Additionally, Vodacom South Africa continues to proactively implement various cost reduction measures to ensure sustainable operations and maintain financial resilience.”- moneyweb.co.za