Vodafone New Zealand offers VRS to 2,000 employees

Vodafone New Zealand has offered voluntary redundancy to about 2,000 employees in New Zealand, CNBC reported. Vodafone 5G Italy

The strategy of Vodafone New Zealand is to review its business ahead of a possible stock market listing next year.

Vodafone New Zealand said VRS will not include call center and retail team members.

“We’re in the process of evaluating response ensuring customer service levels are preserved, business continuity maintained, and key skills are retained and developed to drive for our future growth,” Vodafone New Zealand spokesperson said.

Vodafone New Zealand said in December that it was reviewing all areas of its business to improve its performance and that a new operating model would be finalized in March.

Vodafone New Zealand late last year appointed Jason Paris as CEO as part of the plan to get it into shape for an initial public offering in 2020.

Vodafone New Zealand has about 3,000 employees and 72 retail shops across New Zealand. It has accumulated 2.4 million customers since it started operations in 1998.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Telenor Restructures Organization to Accelerate Telecom Growth, AI Strategy and EBITDA Expansion

Telenor has announced a major organizational restructuring aimed at...

BT Bolsters AI Automation and Fiber Monetization as Peak Network Investment Phase Ends

BT Group is entering a new phase of AI-driven...

Telekom Malaysia Q1 2026 Capex Falls to RM212 mn as Fibre Expansion and 5G Backhaul Investments Continue

Telekom Malaysia reported capital expenditure (Capex) of RM212 million...

TELUS to Invest $8 bn in Quebec as Part of $66 bn Canada-Wide Network and AI Expansion

TELUS has announced plans to invest more than $8...