2010
Vodafone’s Cost Cutting: Also Affecting Morale
It looks like Vodafone’s operations analysts and financial advisers have agreed that the overall loss of productivity brought about by lowered employee morale would still be smaller than the amount of money they would lose if they do not push through with the cost cutting solutions they have made.
In an effort to save money and resources, mobile network operator Vodafone UK has just announced that it let go of 375 employees that held redundant positions in the company. The move also saw the closing down of six Vodafone stores (employees of which are among the 375).
While this is made to save money for the company, plenty of eyebrows are being raised internally as the operator’s own people are starting to feel the blunt end of the cuts. Many have been witness to the cold and harsh manner in which many of their colleagues were escorted out of the building in tears as they were told to leave on the same day that they were told that they would be losing their jobs.
While union groups such as CWU and Prospect have taken a stand in helping out former Vodafone employees affected by the cut, the atmosphere in Vodafone’s offices are all but cheery.
Adding on more despair is Vodafone’s decision to remove the 30% bonus being received by 150 of its employees in Warrington. The sudden announcement of the ‘pay cut’ has left many current employees unhappy with the situation despite Vodafone’s claims that the step was taken to ensure a fair rewards system for the entire company.
The 30% monthly sales bonus is a powerful incentive that Warrington employees have enjoyed for quite some time. With this suddenly removed, the office is currently “not a happy place”.
Get to know more about the Vodafone redundancies and the removal of the monthly sales bonus at Mobile Today UK.
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