Telefonica has reached an agreement with labour unions to cut some 15 percent of its employees in Spain via voluntary redundancies in a plan estimated to cost it 1.5 billion euros ($1.7 billion) this year.
Telefonica has reached an agreement with labour unions to cut some 15 percent of its employees in Spain via voluntary redundancies in a plan estimated to cost it 1.5 billion euros ($1.7 billion) this year.