US EditionTelefonica Plans to Cut 5,000 Jobs to Slash Costs, Union Says
38 Articles
38 Articles
The Ministry of Yolanda Díaz has denounced that "a company with benefits and participated publicly" decides to fire more than 5,000 people is "indecent" Telefónica proposes to the unions an ERE for more than 20% of the staff Rejection of the Ministry of Labour that leads Yolanda Díaz to the collective dismissal for more than 5,000 people that has announced Telefónica, participated by the State through the State Society of Industrial Participatio…
The Spanish multinational announced a lay-off plan for up to 5,000 job losses, according to the UGT trade union. In the process of restructuring, the telecommunications company is embarking on a major strategic shift aimed at increasing its profitability.
Telefónica and unions start the negotiation of the employment regulation file (ERE) with a proposal from the management that involves an adjustment of 5,319 employees in the three main companies of the related companies agreement -Telefónica España, Móviles y Soluciones- and Movistar+. Specifically, the bulk of the adjustment corresponds to Telefónica España, with 3,649 employees affected (41% of a staff of 8,892). In Telefónica Móviles, the mea…
Telefónica announces to workers employment regulation files (ERE) for a total of 5,040 people in Telefónica.
Telefónica to pursue 5,000 job cuts in Spain, according to union
Spain’s heavily indebted telecoms heavyweight Telefónica is preparing to shed up to 5,040 positions across three of its subsidiaries as part of a sweeping overhaul, according to the UGT union on Monday. The union said in a statement that the breakdown includes 3,649 roles at Telefónica España, 1,124 at Telefónica Móviles and another 267 at Telefónica Soluciones. A UGT official also noted that the company is expected to confirm an additional 279 …
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
