Telefónica signs redundancy deal at cost of €2.5bn
Telefónica’s management has signed a redundancy agreement with the main trade unions — UGT, CC OO and Fetico-Sumados — covering seven of the Spanish group’s subsidiaries. The deal, signed today [December 22nd], will lead to a minimum of 4,525 job losses, although the company expects the final figure to rise to around 5,500. The minimum […]










