Telefónicawatch

Telefónica ‘switches gears’ on Spanish job cut scheme

2023-11-28T14:11:00

tfw178-tt-ere-plan

Operator to implement ERE incentivised early-retirement plan for first time in eight years, with plan framed as necessary due to “functional excess” of workers. Unions already seeking protections for those affected. Move marks continuation of Spanish personnel cost-cutting drive.

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