Telefónica trims Spanish job cutback plan in bid for union deal

tfw199-ere latest

Source: Telefónica

Talks continue between employee reps and bosses over Group’s latest planned round of cutbacks.

This article includes:

  • Themes: Job cuts; Workforce reduction; Incentivised retirement; Voluntary departures; Union negotiations; Corporate restructuring; Cost-cutting strategy; Centralisation vs decentralisation; Transform & Grow plan.
  • People: Laura Abasolo; Marc Murtra; Alfonso Gómez; Union leaders (CCOO, Sumados-Fetico, UGT).
  • Geographic: Spain; Latin America.
  • Organisations: Telefónica Group; Telefónica España; Telefónica Móviles; Telefónica Soluciones; Movistar Plus+; Telefónica Infra; Telefónica Tech; Telefónica Innovación Digital (Telefónica I+D); Comisiones Obreras (CCOO); Sumados-Fetico; Unión General de Trabajadores (UGT). 

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