Jobs to go in Vodafone restructure. The corporate “restructures” are continue apace. Cost pressures at Vodafone have seen the CEO flag coming redundancies to staff this morning. Vodafone Hutchison Australia CEO Nigel Dews dispatched an email to staff — which we obtained soon after — detailing a restructure of the sales and marketing units at the company, with “flow-on effects” to include redundancies across the business.
Dews told staff the company was “short of our revenue growth aspirations” despite “strong” December sales. “The opportunity to further strengthen our position in this highly competitive market is still great, it’s just going to take a bit longer than we originally planned,” he wrote. “This means we have settled on a revised budget for 2012 that reflects the fact that although we are growing again, we need to make some changes.”
The sales and marketing groups will be combined into a single organisation from February 9, reporting to one director in Noel Hamill. Current marketing chief John Casey will be moved on (“I am working with him to explore other opportunities to keep his expertise in our business”), while Tanya Bowes’ role as communications director will be subsumed into the new unit (“I are currently exploring other opportunities for her in the business”). Both are said to be highly-regarded and staff are apparently shocked at the axing. The wider restructure of general managers and heads of department will be finalised over the next couple of week.
“There will be flow-on effects from these changes throughout most functions across the company — which will include redundancies and changes in roles,” Dews wrote. “The result will be an organisation which helps us to be more responsive to customers and is more cost effective, nimbler, and simpler to work in.” Both partners in the business — Hutchison Telecoms (which managed the Three brand) and Vodafone Group — have issued cautious guidance, with Hutchison reporting in August a $78.2 million loss for the first half of 2011.
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