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Telefonica Spain close to finalising plan to cut 4,100 jobs - report

Wednesday 25 September 2019 | 09:35 CET | News
Telefonica is close to sealing a collective agreement with trades unions that will see its Spanish workforce reduced by around 4,100 jobs, 900 fewer than initially thought, according to unnamed sources cited by business daily Expansion. The operator confirmed earlier this month that it had begun negotiating a new incentivised voluntary retirement plan for workers over 53 years of age as well as the implementation of programmes designed to reskill the company's remaining employees in new technologies such as the internet of things and big data.

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Categories: General
Companies: Telefonica
Countries: Spain
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