Vodafone cuts 400 jobs at Banbury customer centre

Vodafone’s announcement of 400 job losses at its Oxfordshire operation is just the tip of the iceberg for the Technology sector.That is the stark warning from Leon Deakin, an associate in Thomas Eggar LLP's Technology Group. He said the news was likely to be followed by similar moves from other large private employees both in this market segment and elsewhere. “When the recession originally hit, many larger employers were completely unprepared and panic cost-cutting measures such as rapid redundancies and wage reductions followed, bringing with it severe employee relation problems and a