Vodafone has cut around 3,000 roles across its European operations and shared services in the first half of its financial year, the telecoms group confirmed on Tuesday, as it pushes ahead with a major cost-saving drive.

The company said the reductions, delivered in the six months to 30 September 2026, helped it achieve more than €200 million (£165 million) in gross savings in the period, including €50 million (£41 million) of synergies in the UK following its 2025 merger with Three UK to form VodafoneThree.

Vodafone did not say how many of the 3,000 roles were based in the UK, where the group is headquartered. Roles were also affected in its shared services operations, which provide support functions from hubs in India and eastern Europe.

Further 2,300 cuts announced in Germany

The group separately announced a further 2,300 role reductions in Germany, where it is trying to turn around performance after earnings fell in the first half. Vodafone is aiming to save more than €2 billion (£1.64 billion) a year across its European operations and shared services divisions by 2030.

Since chief executive Margherita Della Valle took charge in 2023, Vodafone has cut 11,000 roles, delivering €700 million (£580 million) in annual cost savings so far. Ms Della Valle said she was pleased with the group’s overall performance, adding: “I am very happy about our overall group performance, but Germany is not yet where it needs to be.”

Results show higher revenue but a statutory loss

The job cuts were disclosed alongside Vodafone’s half-year results, which showed group revenue up 11.4 per cent to €21.9 billion, while the company swung to a statutory pre-tax loss of €373 million (£309 million), compared with a profit of €2.1 billion a year earlier. The loss was driven largely by a €4.85 billion writedown on its German business.

Despite the loss, Vodafone raised its full-year earnings guidance to between €13.2 billion and €13.4 billion. The results underline how the UK’s largest telecoms employers are reshaping their workforces as they integrate mergers, automate operations and cut costs, with hiring freezes and redundancies now a central feature of the sector’s outlook.

Jobseekers affected by restructuring in telecoms can find current vacancies through the Vodafone careers website, while the company’s full half-year results are published in its H1 FY27 results announcement.