<p>"Vodafone is set to announce up to 500 job cuts at its Newbury headquarters," The Times reported. According to the publication, Vodafone declined to comment.<br /><br />As part of a new one-billion-pound cost-cutting programme announced last year, Vodafone would reduce the number of people working for the company's UK operation in areas such as back-office functions and middle management, the report said.<br /><br />It shed 500 UK staff last year, mostly in Newbury, but also created new jobs in its retail and Internet operations, it added.</p>
<p>"Vodafone is set to announce up to 500 job cuts at its Newbury headquarters," The Times reported. According to the publication, Vodafone declined to comment.<br /><br />As part of a new one-billion-pound cost-cutting programme announced last year, Vodafone would reduce the number of people working for the company's UK operation in areas such as back-office functions and middle management, the report said.<br /><br />It shed 500 UK staff last year, mostly in Newbury, but also created new jobs in its retail and Internet operations, it added.</p>