Telefónica has presented unions with its initial proposal for a new ERE affecting 6,088 employees, with 82.7% of layoffs as pre-retirements from age 55. The offer mirrors 2024 adjustment conditions but removes the voluntariness premium and reserves the right to forced dismissals. Unions have deemed it insufficient and demand full universality and voluntariness.
On December 1, 2025, Telefónica presented unions with its initial proposal for an Employment Regulation File (ERE) affecting subsidiaries Telefónica de España, Telefónica Móviles, and Telefónica Soluciones, under the Convenio de Empresas Vinculadas (CEV). Of the 6,088 planned layoffs, 5,040 (82.7%) would be pre-retirements from age 55, with the rest voluntary exits, though the company reserves forced dismissals if quotas are unmet.
The economic proposal mirrors the 2024 scheme but eliminates the voluntariness premium. For those born in 1969, 1970, and 1971, it offers 68% of the regulatory salary until age 63 and 38% from 63 to 65. For 1965-1968, 62% until 63 and 34% after; for 1964 and earlier, 52% until 63 and 34% until 65. It includes 1% annual update in the second tranche, income reversibility, special agreement until 63, health coverage, pension plan contribution, ATAM, and unemployment contributions.
No exits are planned in critical areas like cloud, cybersecurity, AI, or IoT. Unions UGT, CCOO, and Sumados-Fetico rejected the offer, calling it “insufficient.” UGT stated no agreement without improvements in voluntariness and universality, citing the III CEV employment guarantee that prevents non-pacted dismissals. CCOO demanded elimination of forced layoffs and respect for universality. Sumados-Fetico stressed the need for voluntariness premises.
Politically, Vice President Yolanda Díaz called the ERE “indecent” in a letter, stating “public money is not for firing anyone,” given SEPI's stake. Minister Óscar López insisted on union agreement. Parallely, negotiations extend the collective agreement to 2030, with union demands for IPC-linked salary reviews and correction of the 2011 dual salary scale.