Madrid.Telecommunications operator MásOrange will cut 795 of its approximately 9,500 jobs in Spain through a voluntary redundancy plan, the company and the General Workers Union (UGT) announced on Tuesday.
The plan to cut jobs was presented by the company on Tuesday and “aims to eliminate a maximum of 795 jobs” in six of the nine companies that make up the group, the union explained in a statement.
The company confirmed to the AFP news agency that the plan is “voluntary and covers less than 10 percent of the total workforce.”
The negotiating table to implement the plan will be set up on September 17, UGT reported, expressing its opposition to the dismissals.
“UGT rejects the measure, which deepens policies to destroy well-trained, well-paid jobs that provide wealth and added value to the Spanish economy,” the union said.
MásOrange, which emerged in March from the merger in Spain of the Spanish company MásMóvil and the French company Orange, in equal parts, is the second company in the sector in the country behind Telefónica, the former national company.
The job cuts at MásOrange are in line with others in the sector in Spain.
Faced with a significant debt burden, Telefónica plans to cut 3,400 of the group’s 16,500 jobs in Spain by 2026.
The Spanish subsidiary of British telecommunications group Vodafone, recently acquired by the Zegona fund, also announced in June its intention to cut almost 1,200 jobs, more than a third of its 3,200-strong workforce in Spain.
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– 2024-09-07 18:56:38
