Spain: Telefonica proposes early retirement at 48

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17 October 2008 à 09h35

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2 minutes

Publication: 17 October 2008 à 09h35

Reading time: 2 minutes

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The former public telecom monopoly in Spain presented to the trade unions staffing cut projects for its two subsidiaries. In total, the group plans 700 job cuts: 500 for Telefonica (mobile phones) and 200 for Soluciones (phone services adapted to businesses). To achieve this without starting a conflict, it proposed to bring early retirement age down of four years, from 52 to 48. (Ref. 080797)
Publication

17 October 2008 à 09h35

Reading time

2 minutes

Publication: 17 October 2008 à 09h35

Reading time: 2 minutes

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