Despite no official confirmation, Telefónica unions suggest company has redundancy plan

Telefonica Murtra 1

Alphavalue / Divacons | Telefónica unions expect management to propose a redundancy plan for the company. However, at the moment, this measure has not been officially announced; the only thing that has been confirmed is that next Monday the operator’s new strategic plan will be presented to them. Union sources informed EFE that the company’s management sent a very brief invitation to a meeting on Monday morning. The aim is to explain the strategic plan, which Telefónica’s chairman, Marc Murtra, unveiled on 4 November. Despite the lack of official confirmation, rumours and various media reports suggest that there will be a redundancy plan at Telefónica. Telefónica’s shares fell by 0.82% yesterday.

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