Telefonica Plans to Cut 6,000 Jobs, Expansion Says, Citing Unnamed Sources

Dow Jones

2025/10/06

-- Telefonica plans to cut at least 6,000 jobs across the group, Spanish newspaper Expansion reports citing unnamed sources.

-- The Spanish telecommunication group, which has 25,000 employees, hasn't decided which subsidiaries will be affected yet. However, the company is considering extending it to several businesses belonging to the group, Expansion says.

-- The job reductions could potentially affect the corporate center, which until now had only seen individual departures, it added.

-- A Telefonica spokesperson told Expansion that the company is working on several reviews across the company, but that there are no plans to cut the workforce at the moment.

Full story: https://tinyurl.com/ysujbkb3

Write to Najat Kantouar at najat.kantouar@wsj.com

(END) Dow Jones Newswires

October 06, 2025 03:50 ET (07:50 GMT)

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However, the company is considering extending it to several businesses belonging to the group, Expansion says. \n</p>\n<p>\n  -- The job reductions could potentially affect the corporate center, which until now had only seen individual departures, it added. \n</p>\n<p>\n  -- A Telefonica spokesperson told Expansion that the company is working on several reviews across the company, but that there are no plans to cut the workforce at the moment. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Full story: https://tinyurl.com/ysujbkb3 \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Najat Kantouar at najat.kantouar@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 06, 2025 03:50 ET (07:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4115","symbol_name":"综合电信业务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2573627515","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2573627515","pubTimestamp":1759737000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"-- Telefonica plans to cut at least 6,000 jobs across the group, Spanish newspaper Expansion reports citing unnamed sources.-- The Spanish telecommunication group, which has 25,000 employees, hasn't decided which subsidiaries will be affected yet. However, the company is considering extending it to several businesses belonging to the group, Expansion says.-- The job reductions could potentially affect the corporate center, which until now had only seen individual departures, it added.-- A Telefonica spokesperson told Expansion that the company is working on several reviews across the company, but that there are no plans to cut the workforce at the moment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4115":"综合电信业务","TEF":"西班牙电信"},"translate_title":"Telefonica援引未透露姓名的消息人士称，扩张计划裁员6,000人","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TEF":0.9},"content_text":"-- Telefonica plans to cut at least 6,000 jobs across the group, Spanish newspaper Expansion reports citing unnamed sources. \n\n\n  -- The Spanish telecommunication group, which has 25,000 employees, hasn't decided which subsidiaries will be affected yet. However, the company is considering extending it to several businesses belonging to the group, Expansion says. \n\n\n  -- The job reductions could potentially affect the corporate center, which until now had only seen individual departures, it added. \n\n\n  -- A Telefonica spokesperson told Expansion that the company is working on several reviews across the company, but that there are no plans to cut the workforce at the moment. \n\n\n \n\n\n  Full story: https://tinyurl.com/ysujbkb3 \n\n\n \n\n\n  Write to Najat Kantouar at najat.kantouar@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 06, 2025 03:50 ET (07:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}