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ajw



986 posts

Ultimate Geek
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Topic # 96165 21-Jan-2012 10:18 Send private message


Indian court hands Vodafone a $2.2 billion tax victory

http://online.wsj.com/article/SB10001424052970204616504577172152700710334.html?mod=dist_smartbrief

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Vodafone NZ

  Reply # 571588 21-Jan-2012 11:25 Send private message

looks like bonus is safe




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  Reply # 571640 21-Jan-2012 15:00 Send private message

johnr: looks like bonus is safe


 

Not for the guy at the Indian tax dept Money Mouth




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Old3eyes

ajw



986 posts

Ultimate Geek
+1 received by user: 21


  Reply # 573405 26-Jan-2012 08:07 Send private message

old3eyes:
johnr: looks like bonus is safe


 

Not for the guy at the Indian tax dept Money Mouth



And not in Australia.

Vodafone Australia embarks on cost-cutting programmeWednesday 25 January 2012 | 01:30 CET  Mobile operator Vodafone Australia will begin a cost-cutting programme that will see job cuts across the board. In an internal memo to staff, Vodafone chief executive Nigel Dews said a major business restructure was necessary to contain costs and to strengthen the company's position. "We need a smaller cost base from which to continue to build a financially strong, profitable and sustainable business at the same time as we continue to invest heavily in the network and vital spectrum assets," Dews said in the memo. Vodafone already confirmed it will combine its corporate communications, sales, and marketing units into a single business unit that will be led by sales head Noel Hamill, The Australian reports. The restructure is expected to lead to a large number of redundancies as the CEO warned of reductions in the size of the executive team.

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