Spain - Telecom group plans layoffs - December 31, 2023

According to the trade union UGT, telecoms group Telefonica will lay off more than 3,400 people by 2025 to reduce costs and adapt the company's size to the current market. The layoffs will mostly occur in late February 2024. Trade unions said earlier that the firm was seeking to cut around 5,000 jobs, but after weeks of negotiations, the number has been reduced. Unions are also negotiating a collective agreement to improve working conditions.

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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.