Telefónica ‘mulling further job cuts’ in hunt for efficiencies

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Source: Unsplash / Jack Gisel

Operator reportedly considering reducing its Spanish workforce by between 4,000 and 5,000 employees, just a year after its last round of cuts.

This article includes:

  • Organisations: MÁSMÓVIL; MásOrange; Orange Spain; Telefónica España; Telefónica Group; Vodafone Spain; Zegona Communications.
  • Geographies: Europe; Spain.
  • People: Marc Murtra.
  • Themes: Capital intensity; Cost reduction; Digital transformation; Early-retirement plans; Earnings; Employee redundancy; Job cuts; Profitability; Strategy; Voluntary redundancies; Workforce reduction.

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