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News tagged with economic growth

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Business

Vodafone axing 11,000 jobs as UK wireless carrier aims to cut costs, boost growth

Wireless carrier Vodafone said Tuesday that it's laying off 11,000 workers as part of a major revamp aimed at cutting costs and boosting flagging financial performance.

May 16, 2023

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5

Business

UK telecom company BT plans to shed up to 55,000 jobs, replace some with AI

U.K. telecom company BT Group said Thursday that it plans to shed up to 55,000 jobs by the end of the decade and replace some of them with artificial intelligence, as part of an overhaul aimed at slimming down its workforce ...

May 18, 2023

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