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General

Tuenti closes Barcelona office, moves workforce to Madrid

Wednesday 29 October 2014 | 15:56 CET | News
Spanish social network Tuenti has closed its office in Barcelona's Plaza Catalunya, having taken the decision to centralise its activities in Madrid. Tuenti is now 100 percent owned by Telefonica and has increasingly moved into the mobile services sector in recent years through its Tuenti Movil MVNO. The company said the expansion of the company into Latin American markets has forced it to rethink its strategy and that 95 percent of the workforce will now be located at its Madrid headquarters.

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Categories: General
Companies: Telefonica / Tuenti
Countries: Spain
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