Telefónica reduces the impact of the ERE in Movistar+ by 17.5% and begins to negotiate in the other three subsidiaries

Telefónica has begun negotiating this Tuesday with the unions the conditions of the employment regulation files (ERE) that will affect Telefónica Global Solutions, Telefónica Innovación Digital, Telefónica SA and Movistar+. In this last society The initial impact of the collective dismissal process has been reduced by almost 18%up to a total of 245 departures (compared to the initial 297).

These four companies account for 16.5% of the total impact of the collective dismissal process that will be carried out in seven subsidiaries of the Telefónica group, that is, 996 of the 6,036 proposed departures (the initial figure of 6,088 has been reduced by reducing the impact on Movistar+ by 52). As reported by UGT and CCOO, the conditions that Telefónica has proposed for the ERE in Movistar+ affect people born in 1970 and previous years, who must have a minimum of 15 years of seniority in the company.

“With respect to economic criteria, We found the proposal to be so insufficient that it is not worth mentioning.“, pointed out UGT, which demands compensation of 68% of the regulatory salary up to age 63 and 38% up to age 65. Regarding the proposals for Telefónica Global Solutions, Telefónica Innovación Digital and Telefónica SA, both UGT and CCOO have indicated that the initial proposal seems to them to be “completely far from any possibility of agreement.”

In this sense, the proposed compensation is 65% of the regulatory salary for those born in 1970, 1969 and previous years up to age 63, and 35% up to age 65. Additionally, it will be necessary to Minimum seniority of 15 years in the company and Telefónica will offer social benefits under conditions similar to those of previous exit plans, which includes health policies “with more advantageous conditions.”

“For UGT and CCOO it is necessary that these ERES have voluntariness as a fundamental premise and that their economic and social conditions are, at a minimum, those that the company has proposed in the CEV (Agreement of Related Companies, which includes Telefónica de España, Móviles y Soluciones), in line with what was agreed in the ‘Social Framework’“, the unions have detailed in a joint statement.

It is worth remembering that this Monday negotiations began in the subsidiaries under the CEV, which account for 83.5% of the total impact (5,040 departures), and that the unions present in them (UGT, CCOO and Sumados-Fetico) rejected the company’s first proposal. According to union sources, The teleco has proposed compensation of up to 68% of the regulatory salary, which means conditions similar to those of the ERE that closed in January 2024 and which resulted in the departure of 3,420 workers from the company (33% less than the 5,124 dismissals proposed at the beginning of the negotiations).

Specifically, for those born in 1969, 1970 and 1971, a compensation of 68% of the regulatory salary is proposed up to age 63 and 38% up to age 65. For those born between 1965 and 1968, a compensation of 62% of the regulatory salary is proposed until age 63 and 34% until age 65, while for those born in 1964 and before that year, 52% of the regulatory salary is proposed until age 63 and 34% until age 65.

Furthermore, the initial proposal includes the annual update of 1% of salary regulator in the second tranche, reversibility of income, special agreement up to age 63, basic health coverage and an extraordinary contribution to the pension plan, among other issues.

The impact of the ERE on the seven companies It is divided into: 3,649 people for Telefónica de España (41.04% of a total workforce of 8,892); 1,124 in Telefónica Móviles (31.34% of a total workforce of 3,587); 267 in Telefónica Soluciones (23.89% of a total workforce of 1,118); 245 in Movistar+ (34.53% of a total workforce of 860); 140 in Telefónica Global Solutions (21.94% of a total workforce of 638), 233 in Telefónica Innovación Digital (23.46% of a total workforce of 993) and 378 in Telefónica SA (32.58% of a total workforce of 1,160).