Telefónica has informed unions of its intention to proceed with the restructuring of its real estate portfolio and staff in line with its cost saving objectives. The measure, which comes on the eve of the presentation of the new work regulation file (ERE), would involve the gradual closure of up to 96 work centers and the transfer of 150 workers.
The operator chaired by Marc Murtra has notified this action to the trade unions of its three main subsidiaries (Telefónica España, Móviles and Soluciones). Although the measure has been communicated now, its execution is not expected before March 2026, according to what we understand CinqueGiorni in union sources.
This efficiency plan resumes and expands a strategy announced two years ago, the objective of which is the rationalization of its real estate assets. At the time, the company had already proposed closing up to 108 properties and relocating 266 employees. Most of the 96 factories that Telefónica plans to gradually close are remnants of that initial plan that has not yet been realized.
The focus of this move is on 150 employees who currently work in low-occupancy centers located in small towns. The company objective is to concentrate its activity in the main offices of the capitals of each province, involving buildings where 15 or fewer employees work, many of whom work in the Network and IT Operations Directorate (ORTI).
Unions have called for a moratorium on these moves until a new process is concluded in 2026, seeking to give employees time to consolidate their future changes of residence. Telefónica accepted this request, extending the deadline until February 28th.
The trade unions have expressed their rejection of forced transfers. CC OO and UGT insisted on the need to examine each case individually and question the real justification of future activities in the destination provinces. The UGT has warned that, in some cases, these journeys could involve journeys of up to 100 kilometres, generating risks of commuting accidents.
The company launched this plan in 2023 against a backdrop of industry transformation marked by the shift from copper network to fiber optics, robotization and automation. The restructuring will generate significant savings for Telefónica, especially in operating costs related to energy, security, insurance and maintenance. The next step in the teleco’s strategy, following the pattern of previous deals with old copper plants, would be the possible sale of these properties, which could generate significant capital gains.
The employees affected by the transfer to the provincial capitals, which fall within this efficiency program, have a retraining plan (redevelopment) a requalification of their tasks is necessary.
