Feb 27 • 04:17 UTC 🇬🇷 Greece Naftemporiki

Voluntary Exit Program from Vodafone

Vodafone Greece has introduced a voluntary exit program for employees as part of its transformation process aiming for greater organizational flexibility.

Vodafone Greece is currently undergoing a transformation aimed at enhancing its organizational structure and processes, which the management has indicated will lead to greater flexibility in product and service development as well as improved customer service. To facilitate this change, the company has announced a voluntary exit program for employees, affecting a single-digit percentage of its workforce. This program is perceived as a strategic move to streamline operations and adapt to evolving market demands.

The program offers additional benefits, including healthcare coverage, preferential rates on products and services, support for professional rehabilitation, and enhanced financial incentives for employees with children, those who have been with the company for over 16 years, or employees approaching retirement. Depending on individual circumstances, severance payments could reach up to 50 salaries, creating a compelling opportunity for eligible employees to consider their options during this restructuring period.

However, there appears to be a significant divergence between the management's estimates and the labor union's perspective regarding the anticipated scale of the program. The union's concerns highlight the potential impact of this voluntary program on job security and the overall workforce, indicating that both parties may have differing views on how the transformation is being managed and communicated to employees. This situation presents challenges for both the company and its workforce as Vodafone navigates through this phase of change and seeks to align its objectives with employee interests.

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