The management of Telefónica informed this Monday to the most representative unions (UGT, CC OO and Sumados-Fetico) that the labor regulation dossier (ERE) will concern 5,040 employees of the three main subsidiaries ―Telefónica España, Móviles y Soluciones―, which represent 37% of the total workforce of 13,597 workers of these companies subject to the Contract of Related Companies (CEV).
The remaining EREs, four in total – in the parent company Telefónica SA and in the subsidiaries Movistar+, Telefónica Global Solutions, Telefónica Innovación Digital – will be known this Tuesday, in another meeting of the negotiating table. Until the extent of these layoffs is announced, the total number of people affected out of Telefónica’s total workforce in Spain, which amounts to 25,000 workers, will not be known.
Specifically, Telefónica presented this Monday the three dossiers announced in organizational, technical and production cases, with a global impact of 5,040 people. The incidence by subsidiary companies is as follows: 3,649 people at Telefónica de España (41.04% of a total of 8,892 employees); 1,124 people at Telefónica Móviles (31.34% of a total of 3,587 employees); and 267 people at Telefónica Soluciones (23.89% of 1,118 workers).
Last Monday, the 17th, the company notified the workers’ representatives of its intention to present a collective dismissal procedure. The negotiation tables for each of the branches involved will be established between Monday and Tuesday of this week. Once established, management and worker representatives will have a 30-day period to negotiate both the final number of layoffs and the financial terms of the departures. If the maximum deadlines are exhausted, the agreement can be signed by the end of this year, as the company intends to charge the cost of the ERE into the accounts for the year 2025.
The unions asked that, in parallel with the negotiation of the ERE, the tables of all collective agreements be immediately opened, and they demanded a minimum validity until 2030 to guarantee employment stability, and in line with the duration of the Strategic Plan Transform and grow which extends from 2026 to 2030.
(News flash. There will be an expansion soon)
