Telefónica offers early retirement for unions starting at age 55 and does not rule out forced separation in ERE

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Telefónica proposes an ERE system that contemplates early retirement for workers aged 55 or over in 2026.

The plan includes the possibility of up to 5,040 forced dismissals, out of a total of 6,088 planned dismissals.

This proposal affects subsidiaries Telefónica de España, Telefónica Móviles and Telefónica Soluciones, within the Related Companies Agreement.

The unions UGT, CCOO and Sumados consider the company’s first offer insufficient and demand improvements in voluntary and economic conditions.

Telefónica offers unions The first proposal for the terms of the new employment organization file (ERE). The company has put on the table a plan based on early retirement for workers who are 55 years of age or older in 2026, leaving the door open for up to 5,040 forced dismissals, out of a total of 6,088 planned dismissals.

This is what the company’s management conveyed to the workers’ representatives at the negotiating tables of the Electricity Regulatory Authority, which will affect… Three subsidiaries included in the Related Enterprise Agreement (CEV): Telefónica de España, Telefónica Móviles and Telefónica Soluciones.

The three unions with representation (UGT, CCOO and Sumados) described the first offer as “inadequate.” It was implemented by the company and warned that if there were no improvements in aspects such as voluntariness, universality or the proposed organizational salary percentages, there would be no agreement.

Specifically, the management of Telefónica put to the negotiating table a proposal very similar to the one implemented in Mass separation implemented in 2024, which replicates the economic conditions.

Last week, Telefónica management and workers’ representatives began negotiations on an ERE that will affect seven of the group’s subsidiaries in Spain which It is considering the departure of 6,088 workers from the telecommunications company.

This number It represents 35.3% of the total 17,248 employees who are part of these seven companies (In Spain, the group has 32 registered companies), with percentages ranging from 41% to Telefónica de España, its largest subsidiary, and 22% to Telefónica Global Solutions.

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