Telefónica’s ERE will be completed without forced dismissals. The measure will ultimately affect 3,393 workers, out of the maximum 3,421 that were considered, for whom 3,640 requests for voluntary departure have been received, according to UGT figures. In this way, membership has exceeded 100%.
Once the application period has closed, according to the union, it “demonstrates that the exit conditions achieved” during the negotiation “have been the most beneficial to date.” If the number of additions did not reach the expected 3,421 dismissals, the company could resort to forced dismissals, which ultimately will not happen.
In the initial agreement between Telefónica and the unions, 2,958 departures were set for Telefónica de España, almost 28% less than the 4,085 that were proposed at the beginning of the negotiations; 397 in Telefónica Móviles, almost 59% less than the initial 958, and 66 in Telefónica Soluciones, almost 19% less than the initial 81. A total of 3,421 departures, although in the end there will be 3,393.
In total, 2,946 applications will be accepted in Telefónica Spain, 391 in Mobile and 56 in Solutions. According to the agreed calendar, the company will respond to applications on February 14, and departures will mostly occur on February 29, although the ERE will be open until March 31, 2025.
Regarding the conditions, Telefónica will give employees born in 1968 who leave the ERE an income of 68% of the regulatory salary until age 63 and 38% until age 65, while for those from 1967, 1966, 1965 or 1964, 62% of the regulatory salary until age 63 and 34% until age 65, to which is added a voluntary bonus of 10,000 euros.
Meanwhile, for workers born in 1963 or previous years, it offers an income of 52% of the regulatory salary until age 63 and 34% until age 65, to which it has also added a voluntary bonus of 10,000 euros.
Likewise, the conditions of the ERE include the reversibility of income, which implies that in the event of death the legal heirs will receive the pending compensation.
