Vodafone will axe 11,000 jobs over the next three years as the new chief executive sets out her plans to "simplify" the telecoms giant, reports BBC News. The cuts equal around a tenth of its global workforce and will affect its UK headquarters and other countries. Margherita Della Valle, who is also Vodafone's finance director, said its ‘performance has not been good enough’. Vodafone has 12,000 staff in the UK based in seven offices including at its UK headquarters in Berkshire.

The firm, which had 104,000 staff worldwide last year, has already outlined plans to cut jobs in some areas. The UK telecoms giant has had a tough few years, as it struggles with higher energy costs and falling sales in big markets such as Germany, Italy and Spain where it has struggled to keep pace with rivals. Vodafone's broadband service in the UK was the second most complained about of any major provider in the three months to December, according to the industry watchdog Ofcom.