Vodafone Spain is set to implement its plan to wield the redundancy axe. The relevant trade unions: CCOO, UGT, and STC, have agreed to a social plan that intends for the Vodafone Spain workforce to be cut by 20%, making the equivalent of a maximum of 1,000 job cuts in 2019. Job loss compensation will be up to 50 days pay for each career year.
On 22 February 2019, when the legal negotiation deadline was just about to be reached, attendees at assembly meetings held across Vodafone’s 30 business centers signed the agreement. Management had indicated that if its offered was rejected, it would unilaterally apply Spain’s basic legal redundancy conditions, which are substantially less generous for employees.
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