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Labor unions say Vodafone Spain planning to eliminate 650 workers

Reuters
February 1, 2013, 3:12 pm TWN

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MADRID -- Mobile phone operator Vodafone plans to dismiss 650 staff in its Spanish division, labor unions said on Wednesday, lower than the cuts of up to 1,000 initially expected.

The London-listed company is in talks with unions to reduce its staff of around 4,000 in Spain, where it is losing out to cheaper competitors such as Yoigo and “virtual” mobile operators which sell on bandwidth rented from other operators.

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