Vodafone has cut 3,000 jobs across Europe and its shared operations in the first half of its financial year, the telecoms group revealed in results published on 10 November 2026. A further 2,300 roles will go in Germany as the company pushes ahead with a major cost-cutting programme.

The cuts helped deliver more than 200 million euros in savings in the six months to 30 September 2026, including 50 million euros in the UK from savings after the merger of Vodafone and Three UK to form VodafoneThree. The company did not say how many of the 3,000 roles were based in the UK, where it has its headquarters.

Two billion euros of savings targeted by 2030

Vodafone aims to deliver more than 2 billion euros a year in gross savings across Europe and its shared operations by the end of its 2030 financial year. It has now cut 11,000 roles over the past three years under earlier savings plans.

Germany remains the group’s biggest challenge. Vodafone announced the 2,300 German job cuts on 9 November as part of a restructuring of its largest market, where earnings fell 2.4 per cent in the first half and it booked a 4.85 billion euro impairment.

Despite the cuts, the group raised its full-year earnings guidance. Revenue rose 11.4 per cent to 21.9 billion euros, while adjusted earnings grew 6.4 per cent to 6.5 billion euros. It still reported a statutory pre-tax loss of 373 million euros, driven by the German writedown and a UK deferred tax charge.

What it means for UK jobseekers

The cuts underline a difficult hiring climate in UK telecoms, even as Vodafone continues to recruit for some roles. Readers can check Vodafone’s current UK openings and read the company’s half-year results for the full figures.