Telefónica proposes an ERE for 5,000 workers in its three large subsidiaries in Spain

Telefónica and unions start the negotiation of the employment regulation file (ERE) with a proposal from the management that implies an adjustment of 5,040 employees in its three main subsidiaries -Telefónica Spain, Mobile Phones and Solutions-. Specifically, the bulk of the adjustment corresponds to Telefónica Spain, with 3,649 employees affected (41% of a workforce of 8,892 people). At Telefónica Móviles, the measure would affect 1,134 workers (31.3% of its 3,587 positions), while at Telefónica Soluciones it would affect 267 professionals (23.9% of a total of 1,118 jobs).

“After the meetings with the companies that make up the agreement of related companies (CEV) are completed, Telefónica has motivated the three announced files in organizational, technical and production causes, with a global impact of 5,040 people,” the company said after transferring the proposal that will complement this Tuesday with the impact of the collective dismissals that will be implemented in four other companies of the group -Telefónica SA, Telefónica Global Solutions, Telefónica Innovación Digital and Movistar+-.

At the union level, UGT has demanded that any measure adopted be articulated as a strictly voluntary process based on early retirement, in coherence with what was signed in the 2019 ERE minutes. Likewise, it has indicated that it will be impossible to reach a global agreement if the negotiations for extend the current CEV until 2030. Said extension, they add, “would allow the guarantees to be extended and improve the socio-labor conditions of a workforce called to take on the challenges derived from the Strategic Plan presented on November 4.” From CCOO, for their part, they have reported that They will give a response at the next meeting scheduled for next Wednesdaywith the premise of defending an adjustment that links with retirement, is voluntary, universal and has good economic and social conditions.

The adjustment is part of the efficiency program designed by Telefónica to cut costs by around 3 billion euros until 2030including a reduction of 1,510 million in operating expenses. The company’s CEO, Emilio Gayo, explained a few days ago that the savings calculations have “incorporated all those savings that we believe are feasible.” Regarding the ERE, he assured that “if these savings include issues that have to do with people, what we can say is that we will always do it hand in hand with worker representatives,” he noted during the presentation of the strategic plan.