Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Vodafone Hellas announced on 26 February 2026 an internal organizational restructuring linked to a broader operating-model transformation. The measure is presented as a way to simplify structures and internal processes, remove overlapping roles, improve agility and speed of execution, and align the company with a new business model. In practice, the restructuring is being implemented through a voluntary-exit scheme affecting employees in functions such as IT and parts of the commercial divisions, including EBU and VBU. Public reporting suggests that around 150 employees are affected, although union and labour-side sources refer to more than 100 and later even at least 200 workers.
The process began on 26 February 2026 and is expected to remain ongoing until 31 March 2026. The voluntary-exit package, based on press releases includes strong financial incentives, with compensation reaching up to 50 monthly salaries, depending on seniority and years of service, together with additional benefits such as one year of medical coverage.
Employee reaction has been strongly negative, with unions denouncing the process as disguised layoffs and responding with protests, work stoppages, and strike action.
Eurofound (2026), Vodafone Hellas, Internal restructuring in Greece, factsheet number 204373, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204373.