The new CEO of Vodafone is laying off 11,000 employees with responsibility

UK-based telecom giant 'Vodafone' will lay off 11,000 workers in the next three years.

The company's new CEO, Margarita Della Valle, gave this information in a recent announcement. 

The company said that such a decision has been taken to face future challenges and survive the competition.

Margarita Della Valle took charge of Vodafone last month. After that, he took the responsibility of organizing the company. Well said, the performance of the company was not good enough. 

That is why the company will give priority to the protection of customers and is looking at the growth of the company. 

This decision is to compete with the competitors in the telecom market.

According to media reports, this is the company's biggest layoff decision so far. Currently the company has one lakh employees. 

The telecom giant announced 1,000 job cuts in Italy earlier this year. Source: Reuters