Telefónica said to mull Spain job cuts ahead of Murtra’s strategy reset
Telefónica reportedly preparing an incentivised early-retirement plan to cut at least 6,000 jobs across Spanish subsidiaries. The operator is said to be aiming to present plans to unions following upcoming strategy reset…
This article includes:
- Organisations: Comisiones Obreras (CCOO); MásOrange; Pontegadea; Telxius; Telefónica España; Telefónica Global Solutions; Telefónica Hispanoamérica (Hispam); Telefónica Móviles; Telefónica R+D; Telefónica Soluciones; Telefónica Soluciones Audiovisuales; Telefónica Tech; Telyco; Unión General de Trabajadores (UGT).
- Geographies: Europe; Germany; Spain.
- People: José María Álvarez-Pallete; Marc Murtra.
- Themes: Asset sales; Broadcasting; Capital raise; Cash flow preservation; Cost base; Employees; Enterprise (B2B); Headcount; Incentivised early-retirement plans; Infra ownership; International roaming; Job cuts; Labour relations; Management; Mergers and acquisitions (M&A); Mobility; Professional development; Recruitment; Redundancies; Research and development (R&D); Retention; Staff; Strategy; Streaming; Subsea cables; Technology; TV services; Unions; Wage increases; Workforce reduction.
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