Vodafone to fire hundreds of staff to cut costs, mostly in London: Report

Vodafone Group is planning to shed several hundred jobs, most of which are located at its London headquarters, the Financial Times reported on Friday. The report follows Vodafone's November announcement of cost-saving measures worth 1 billion euros. Vodafone CEO Nick Read stepped down in December and has been replaced on an interim basis by Chief Financial Officer Margherita Della Valle.