April 18, 2024

Up to date Dec. 4, 2023 12:29 pm ET

Telefonica proposed a workforce restructuring plan that may have an effect on 5,124 jobs in Spain as a part of its reorganization.

The Spanish telecommunications firm on Monday informed unions that it goals to implement a labor drive adjustment plan by 2026, resulting from organizational, technical and manufacturing wants, a spokesperson from commerce union UGT informed Dow Jones Newswires.

Copyright ©2023 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8