Overview
- Telefónica tabled its first offer for the CEV companies, targeting up to 5,040 exits and keeping the option to impose dismissals if volunteers fall short.
- UGT, CCOO and Sumados‑Fetico rejected the proposal as insufficient, objecting to compulsory layoffs and the veto on voluntary sign‑ups in areas labeled critical.
- UGT warned that without an agreement the III CEV jobs guarantee would prevent dismissals from being activated.
- The company scheduled the terms for Movistar+, Telefónica Global Solutions, Telefónica Innovación Digital and Telefónica S.A., which add 1,048 planned exits and lift the initial scope to roughly 6,000–7,000 departures across seven units.
- The offer largely mirrors 2024: age‑tiered income protection at 68%/38% for 1969–1971, 62%/34% for 1965–1968, and 52%/34% for 1964 or earlier plus a 1% update from 63 to 65, family reversibility, pension top‑ups, health cover and Social Security contributions during unemployment.