TELEFÓNICA PROPOSES A NEGOTIATION TO THE TRADE UNIONS TO IMPROVE ITS WORKFORCE AND ADAPT IT TO THE CHALLENGES OF THE COMING YEARS

• The aim is to simplify the working framework, implement an extensive programme to provide workers with new skills and make further progress in the digitalisation of processes

• Advances on issues of equality, diversity and digital disconnection will be a priority for the coming years

• A voluntary individual suspension plan will be negotiated for employees over 53 years of age, while new profiles will be hired according to current needs

• All these issues will be discussed at the negotiations tomorrow

Madrid, 10th September 2019.- Within the framework of the negotiation of the company’s new collective agreement, Telefónica Spain is going to make a proposal to the workers’ representatives to negotiate an ambitious plan to improve the workforce and adapt it to the challenges of the coming years. This plan was analysed at the meeting of Telefónica’s Board of Directors today.

The chairman of Telefónica Spain, Emilio Gayo, explained: “The collective agreement we signed four years ago has enabled us to make great advances and has provided us with social and labour stability during this period. Now we have to be more ambitious and evolve into a more digital company that is ready for the challenges ahead”.

Telefónica wants to simplify the current working framework, implement an extensive reskilling and upskilling programme to equip employees with new skills and to continue advancing in the digitalisation and robotisation of processes. The company anticipates that in the next few years more than half of its sales will be made through digital channels, and that more and more customers will engage with Telefónica through the MiMovistar digital application. In parallel, the company’s modernisation will continue with new fibre deployments and the progressive shut-down of the copper wire network and legacy mobile phone networks.

Against this background, the goal is to adapt the workforce to the needs of future challenges. Therefore, Telefónica want to propose a programme to improve the skills of our employees and take read more