Telefónica studies a new voluntary leave plan in Spain for up to 5,000 employees

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Telefónica is studying a new plan for voluntary departures in Spain, similar to those it has been implementing in recent years, which could translate into the departure of up to 5,000 employees of the operator in the coming years, although the final figure is expected to be just over half.

As advanced Expansion, and sources from the sector confirm THE WORLDthe operator would thus seek to continue generating efficiencies by cutting costs in a scenario marked in particular by the shutdown of the copper network that will occur next April and in general by the complicated situation that the sector is going through in Europe. Telefónica has declined to comment.

Those known internally as PSI, which stands for Individual Suspension Planare the mechanism chosen by the Spanish company to lighten its workforce, while maintaining social peace with the unions.

Predictably, the group will give more details to the public within the framework of its investor day, which will be celebrated next November 8 and in which he will present his strategic plan for the next four years. Among the little that has emerged, it is found that the generation of efficiencies will be one of its pillars, so it is to be expected that there will be a promise to execute this multi-year exit plan.

Telefónica will turn off its copper network in April, which will leave numerous employees without work. Along these lines, the company already announced that it would close more than a hundred offices linked to its management in Spain, which caused the relocation of 266 employees. In addition, it has also outsourced the management of 1004, relocating the hundreds of workers employed there.

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