Spanish carrier Telefonica to slash 5,500 jobs at $2.9 billion cost in bid to bring down operational expenses

Employees affected are expected to exit beginning early next year, with Telefonica projecting a positive impact on cash generation from 2026 itself.

Spanish carrier Telefonica to slash 5,500 jobs at $2.9 billion cost in bid to bring down operational expenses
Employees affected are expected to exit beginning early next year, with Telefonica projecting a positive impact on cash generation from 2026 itself.

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