Vodafone In Talks To Wind-up Final Salary Pension Scheme
Of Vodafone's 80,000 strong workforce, 4,000 are on the final salary pension scheme.
The 4,000 staff will be transferred to the group's defined contribution pension program, which will be topped up by the company, he said.
Vodafone earlier this month doubled its cost-saving target to GBP2 billion to help combat sluggish demand during the economic downturn.
Chief Executive Vittorio Colao said the group's GBP1 billion cost- reduction program is expected to be delivered a year ahead of plan, and will be extended by an additional GBP1 billion by 2012, double the amount analysts had been expecting.
At 1100 GMT, Vodafone shares were down 1 pence, or 0.6%, at 138 pence in a lower London market.
-By Lilly Vitorovich, Dow Jones Newswires; 44-0-207 842 9290; lilly.vitorovich@dowjones.com
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Publié le 26 novembre 2009 Copyright © 2009 Dowjones
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