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Telefónica meets with unions on Monday after announcing seven redundancy plans as part of cost-cutting plan

TOPICS:
telefonica edificio

Posted By: The Corner 17th November 2025

Alphavalue/DIVACONS | As we highlighted on Friday, the newspaper Expansión reported that Telefónica (TEF) will submit no fewer than seven redundancy plans (EREs) as part of its cost-cutting plan. It should be noted that the company plans to meet with trade unions on Monday to discuss these issues. We will be monitoring any developments.

Telefónica shares rose 0.46% on Friday.

Telefónica: Buy, Target Price €5.30/share.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.