Major European industry players, co-led by Iberdrola and Telefónica, has launched a programme to train five million people in the European Union by 2030. The aim is to boost education and the search for structural solutions to combat unemployment on the continent, Europa Press reported. The initiative, called ‘Re-skilling 4 Employment’ (R4E), has been promoted by the main European business lobby, the European Round Table for Industry (ERT). It is headed up by firms such as Iberdrola, Telefónica, AstraZeneca, Nestlé, SAP, Sonae and Volvo Group.