By Jaime Llinares Taboada

 

Vodafone Group PLC said Wednesday that it will fire up to 515 employees in Spain.

The telecommunications group said the layoffs will mainly affect the commercial side of the business.

"The decision to start this process is based on economic, productivity and organizational reasons, and it is driven by the telecommunications market trends and the need to improve operational performance by accelerating the digital transformation strategy," Vodafone said.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

September 15, 2021 08:07 ET (12:07 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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