VodafoneZiggo is to reduce its workforce by 400 after the Dutch communications company lost over 40,000 customers in the first quarter of the year.
The company plans to simplify its organisational structure and move staff into new roles.
It is hoped that half of the job losses will come as a result of voluntary redundancies including early retirement and an end to some temporary contracts.
As previously reported in Broadband TV News, VodafoneZiggo’s first quarter results were heavily impacted by the intensely competitive environment, particularly in the fixed market.
The Dutch cable operator has lost 31,000 connected homes during the first three months of the year, following 2024 when the cabler lost an average of around 10,000 homes per month, in an increasingly intense market.
In March it emerged Liberty Global had approached Vodafone with a view to buying out the UK operator’s stake in the company.
