While EU regulators look for ways
to improve the finances of struggling continental carriers, Vodafone (VOD -1.2%
) says it could cut as much as 25%
of its Spanish workforce, or 1K jobs. Vodafone's Spanish revenue, hurt by a contracting local economy that has ~25% unemployment, fell 12% Y/Y in the Sep. quarter. A £5.9B ($9.4B) charge was recently taken
on the carrier's Spanish and Italian ops.