Telefónica and the unions make the ere official with 3,421 dismissals

Telefónica and the unions will sign next Wednesday, January 3, the agreement on the employment regulation file (ere) in the company, with 3,421 affectedand the new collective agreement, which includes the 36 hour work day. As reported this Thursday by sources from the workers’ representation, the signing will take place once the support of the three main union forces -UGT, CCOO and Sumados Fetico- to the pre-agreements of the ERE and the Collective Agreement of Related Companies (CEV) in Spain.

On December 21, the multinational and the unions reached an agreement in principle in both areas in a context marked by the announcement that the State Industrial Participation Company (Sepi) had received the Government’s order to buy up to 10% of Telefónica’s capital.

The company The number of affected people was reduced from 5,124 to 3,421 by the ere in its three companies in Spain, of which 2,958 will be from Telefónica de España, 397 from Telefónica Móviles and 66 from Telefónica Soluciones.

The conditions

Regarding the economic offer, he proposed paying the born in 1968 68% of their salary until age 63, and 38% until age 65. In the case of born between 1967 and 1964the percentage is reduced to 62% of the regulatory salary until age 63 and 34% until age 65, while born in 1963 or before They will receive 52% until they are 63 and 35% until they are 65. In these last two age groups, the company will also pay a volunteer bonus of 10,000 euros. In addition, the listed company will offer reversibility of income, will pay the social security discount during unemployment or will pay group insurance until age 63, among other complementary conditions.

Related news

The majority of departures from the ere, which could be forced if the established number is not reached, will occur on February 29, 2024, although they will not conclude until March 31, 2025. In the case of the III Collective Agreement of Companies Linked Companies (CEV) in Spain, whose signature the unions had linked to the ere, will be in force between January 1, 2024 and December 31, 2026, with the possibility of extending it for a fourth more year.

The new agreement reduces the working day from 37.5 hours per week to 36 over the next three years, at a rate of half an hour per year, and establishes a salary increase of 1.5% per yearwhich will be reviewed with the CPI, among other measures.

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