Telefónica gets union backing for staff redundancy plan

Telefónica gets union backing for staff redundancy plan

Source: Amir Arabshahi / Unsplash

Unions accept latest redundancy and payments offer as operator seeks to slim Spanish workforce once again. Group offers a higher pay increase of 1.5% for 2023 and extended eligibility criteria for long-term employees. Move adds to similar, smaller plans at rivals Orange and Vodafone as Telefónica’s home market faces ...

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