Vodafone Spain is studying the filing of a Record of Employment Regulation (ERE) that can affect a maximum of 1,000 employees, primarily in the area of systems and commercial, reported sources familiar with the matter. The redundancies would be negotiated with union representatives to which opens a negotiation table in the upcoming dates, once you have submitted the ERE. A spokesman for Vodafone declined to make any comment on this topic.
The operator returns to consider a workforce reduction. The adjustment has not yet been officially communicated to the unions, and we have not decided the final amount of the adjustment, although the deck that may affect a maximum of 1,000 employees, which would result in the 20% of the current template, which amounts to 5,000 workers.
This new adjustment of staff of Vodafone would be at a bad time of the commercial operator who has suffered the trade war unleashed by its rivals Movistar and Orange after the company’s decision not to acquire the great match or the Champions League Kolaybet due to lack of profitability. The strategy has been a leak of customers of broadband, mobile and pay-tv.
In the first three quarters, Vodadone has lost 361.000 mobile telephone (of which 70,000 are of contract), 134.000 customers of fixed broadband and 108,000 pay tv. (total as of September 30: 11.6 million). The operadroa only has positive numbers in fiber, which has won 84.000 clients.
cost reduction Plan
The new ceo, Nick Read, announced earlier this month, coinciding with the presentation of results, a plan of reduction of operating costs per year in 1,200 million euros to 2021, although it did not specify in what areas would the cuts.
in Addition, Vodafone group has decided to downgrade the value of its subsidiary in Spain in 2,900 million euros due to the revaluation of future business expected by “the difficult business conditions and current economic”
The carrier has already implemented a redundancy programme in September 2015, agreed with the main trade unions UGT and STC, which led to the dismissal of 1,509 workers, 238 less than the originally proposed by the company, he justified the dismissals in the duplications that occurred after the purchase of Ono in 2014, and the absorption of the template of the cablera.
Before the acquisition of Ono, Vodafone has already undertaken another layoff forced in 2013 when the company agreed with trade unions an ERE, which included the dismissal of 620 workers, the outsourcing of services, with 130 employees affected, as well as changes in working conditions to 150 other people.