June 24, 2021

Vodafone offers 32 days per year and 20 monthly payments and early retirement in its ERE for 1,200 employees

Vodafone offers 32 days per year and 20 monthly payments and early retirement in its ERE for 1,200 employees


MadridUpdated:

Vodafone and unions have begun to negotiate the conditions of the File of Regulation of Employment (ERE) by which the teleco tries to reduce his staff in Spain in 1,200 employees, almost a quarter (24%) of its 5,000 workers in our country. The management has offered this Thursday to the trade union centrals the exit of those 1,200 professionals through forced dismissals with an indemnity of 32 days per year worked and a cap of 20 monthly payments and with early retirement from 56 years and more than ten years old .

The estimates of the workers' representatives are that around a hundred workers meet the conditions for early retirement, so that the 1,100 employees would leave the company, which tomorrow will present its latest quarterly results has justified this adjustment of employment due to the fall in income that is suffering from the price war waged by the sector, with a dismissal. The company has also reported this adjustment will be made in all areas of the company, without excluding any position of responsibility and proportionality, and that will also involve a "significant number of organizational changes."

Vodafone's proposal, which the company sent to the unions during the constitution of the ERE negotiating table, includes a social support plan for these forced dismissals and a retirement plan for retirees, which would be maintained at 80% of the fixed salary and 50% of the variable part in net terms.

The unions, which have already called mobilizations against the adjustment plan announced by the company, will now study the proposal of the company and will meet again with the address on January 31 and February 5, 7, 12, 14, 19 and 22. Vodafone Spain wants to run the ERE from mid-March to the end of June.

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