Telefónica’s labor regulatory file (ERE) now affects 5,459 people, after adding the 140 exits announced this Tuesday at Telefónica Global Solutions, representing 21.94% of the workforce of this subsidiary. The figure will continue to grow because the impact of cuts at Telefónica SA (corporate center) and Telefónica Innovación Digital is still pending throughout the day. Overall, the adjustment so far affects 35.9% of the total employees (15,195 employees) of the five companies for which the adjustment proposal is already known.
Information about layoffs leaks out little by little, because the company has decided to address each collective layoff through individual negotiations by division. This implies that agreed exit conditions may differ between departments, although unions have insisted that they will fight for the scenario to be the same for all exits, regardless of branch.
The company notified unions of most of the staff cuts on Monday. Telefónica de España emerges as the hardest hit division, with a proposed 3,649 departures, equivalent to 41% of its total workforce. This is followed by Telefónica Móviles, with 1,124 workers affected (31% of the staff), and Telefónica Soluciones, where 267 employees were included (24% of the current workforce). Furthermore, the negotiating table for Movistar+ has been established, with an initial proposal of 279 exits, representing 32% of its staff.
However, these figures will be significantly reduced during the negotiation process. In the last ERE of 2024, which only affected these three companies covered by the CEV, there was a 33% reduction in the impact in the negotiation phase, going from 5,124 in the initial proposal to 3,421 workers at the end.
The company has already notified its intention to present a collective dismissal procedure last Monday, the 17th, to the workers’ representatives. After the establishment of the negotiation tables of each of the affected branches between Monday and Tuesday of this week, management and workers representatives will have a period of 30 days to negotiate both the final number of layoffs and the economic conditions of the departures.
