Iberia

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Iberia executives and union leaders sign voluntary redundancy deal for 996 workers, with airport view in background.
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Iberia and unions sign deal for voluntary redundancy of 996 workers

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Iberia and most of its unions have reached an agreement for a voluntary employment regulation file (ERE) affecting 996 employees, according to union and company sources. The deal includes early retirements at 80% of regulatory salary and incentivized redundancies of 35 days per year worked. It affects about 9.4% of the 10,700-strong workforce.

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