Vodafone buys one hundred forty Phones4u shops, saving 900 jobs within the course of

Vodafone buys 140 Phones4u stores, saving 900 jobs in the process

Quite a bit can occur in every week: simply 5 days after Phones4u introduced it was getting into administration, leaving 5,596 staff dealing with a really unsure future, retailers and carriers alike have stepped in to strip the corporate of its most essential elements. Dixons Carphone has already picked up 800 staff from its rival, and now Vodafone, one of many two operators that unceremoniously ended their relationship with Phones4u in current weeks, has introduced a deal to purchase one hundred forty former shops, saving a possible 900 jobs in consequence. Vodafone says it was approached by the corporate’s administrator and “determined to make a suggestion to purchase one hundred forty of its shops as a approach to speed up our retail enlargement programme and save tons of of jobs.” Whereas some individuals will swap their Phones4u position for a Vodafone place, at present’s restructuring efforts additionally got here at value. The administrator introduced 628 staff at Phones4u’s head workplace in Newcastle-underneath-Lyme and telesales employees in Staffordshire have been at this time made redundant in an try to scale back bills. There’s at present no phrase on which shops the Vodafone intends to rebrand, however we have requested the corporate for extra particulars.

Supply: PwC

Origin:Engadget UK

Tags: administration, service, operator, phones4u, pwc, uk-function, vodafone

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