Spain

All the latest key telecoms and digital infra insight, news and analysis from Spain.

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Financial & Performance

Telefónica firms up plan for 5,500 Spanish job cuts

2025-12-23T09:06:00+00:00

Group says it has secured a financially and strategically important deal with unions on large-scale redundancies in Spain, after initiating negotiations in November. Agreement looks set to shift Telefónica about a quarter of the way to headline spend reduction goal outlined under new Transform & Grow strategic plan.