All Restructuring (reorg) articles – Page 6
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OperationsJansen hopes to get BT on front foot with new HQ
BT’s new HQ opens after more than a year of delays. Jansen aims to remove “hierarchical” business format.
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Strategy & ChangeTelefónica preps for 2,000+ job cuts — reports
Spanish operations look set for voluntary redundancy scheme rollout, according to multiple sources. Continuation of ongoing headcount reduction programme expected to be in place by mid-2022 following union negotiations later this month.
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OperationsUnions eke out concessions on Vodafone Spain cuts
Operator firms up yet another business overhaul. Deal made to outsource remaining retail outlets rather than close them as part of job cull. Terms agreed for voluntary redundancies and retirements.
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OperationsVodafone Spain’s downsizing plan under union scrutiny
Operator proposes to outsource remaining retail outlets, rather than close them as part of job cull. Unions want assurances that employment is “guaranteed” and that outsourcing of workers is voluntary.
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OperationsVodafone Spain staff set for more redundancies
Challenged Spanish OpCo initiates plan to remove another 500-plus people from its headcount. Another large-scale downsizing move made under cover of Digital Telco transformation, and as fodder for Group’s centralisation-led efficiency plans.
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Strategy & ChangeEvans elevated to lead Telefónica’s digital strategy
Former O2 UK CEO takes a step up the Group management ladder after missing out on role as head of merged UK JV. Potential for pivotal digital double act with Chema Alonso bringing innovation expertise to be harnessed by Evans’ commercial nous. Navarro remains as key adviser to Chairman, ...
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PeopleVodafone makes tech changes in Czech and Portugal
Czech Technology office vacated by Zíka and separated as per Europe-wide model. Vodafone Portugal sticks to traditional model with CTO swap after Nascimento exit.
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Partnerships & AlliancesVodafone NZ goes lean as it splits from Group “mothership”
Former Vodafone OpCo’s new managers say unravelling of legacy IT snarl-up remains a work in progress and “fairly challenging”. “High-performance” business reset expected to deliver big earnings lift in current FY and beyond.
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PeopleBT targets serial moderniser to back Jansen transformation
Strong media rumours emerged identifying former Royal Mail Chief Executive Adam Crozier as the likely Chairman-successor to du Plessis, reflecting continued pressure on BT to accelerate restructuring. Crozier would come with little direct digital background, but considerable experience of shaking up venerable institutions, and with recent experience linked to ...
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PeopleCTO said to exit Vodafone Spain after Tech reshuffle
CTO Ismael Asenjo set to leave, according to local reports. Changes continuing to take hold from reworking of Europe-wide Technology operating model. Move follows appointment of Networks and Digital leads at OpCo.
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Strategy & ChangeVodafone shuffles international partnership team
Oversight of Partner Markets federation shifts to Vinod Kumar’s Vodafone Business division. Move comes with Vodafone seeking platforms for margin-friendly B2B growth, to improve cash flow.
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Strategy & ChangeShuter shake-up preps BT Enterprise for growth
New CEO Rob Shuter presented his plan for BT Enterprise. He’s shaking things up for future growth, but first priority is stabilising revenue decline. Revamped organisation tightens commercial focus on customer segments. New Division X to place bets in high-growth areas, with inorganic ventures aligned with BT Digital agenda. ...
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Strategy & ChangeVodacom to unify network and IT functions
Push for efficiencies encompassing rework of network and IT platforms, alongside major skills and capability upgrade. Following 2020 reorg, CEO Joosub concentrating heavily on extracting value and savings out of Group assets and operations. Programme likely to see cloud-based overhaul of Vodacom IT stacks and network functions.
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Strategy & ChangeVan Boxmeer gifted remit to disrupt Vodafone Board
Latest Board Evaluation calls for increased “liveliness” of conversations across the Group’s top table. Composition changes mooted for dozen-strong grouping brought together by former Chairman Gerard Kleisterlee. Start of TechCo strategy seen as moment to strengthen accountability of top duo Read and Della Valle.
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Strategy & ChangeMovistar reboots investment unit for expansion
Telefónica’s audio-visual management company Contenidos has been repurposed as Telefónica España Filiales. New unit takes on a broader remit in apparent bid to grow its portfolio, moving away from multimedia focus. Holdings mapped out, with some recent changes.
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Strategy & ChangeTelefónica brings insurance unit closer to home
Telefónica Seguros, the Group’s insurance subsidiary, moves from Luxembourg to Spain as its remit expands. Cybersecurity and digital insurance niche increasingly a focus.
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Strategy & ChangeTelefónica Peru set for further workforce cuts
Hispam unit’s headcount reduction plans emerge as part of restructuring process. Layoffs to be given go ahead by MTPE, according to Peruvian news outlets. Move follows stark FY20 results.
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Public AffairsBT re-enters union talks, with strike action looming large
BT gets “serious” in negotiations with CWU and is said to have halted redundancies — for now. Union looking to secure assurances on job security for “all” members. Proposed ballot to go ahead in early-June if talks come to nothing.
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Strategy & ChangeNew home for DT’s eastern European and Russian IT units
Internal IT functions brought within domain of Technology & Innovation Head Claudia Nemat. Potentially consolidation-focused move comes with Deutsche Telekom IT in midst of transformation and efficiency drive.
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Partnerships & AlliancesTelefónica on the front foot with R4E ‘re-skill’ programme
Group-backed EU initiative prepping member states for greater digital adoption and changing landscape of job market. R4E aims to re-skill one million people by 2024. Operator holds re-training interests of its own.