Job losses

The telecommunications company ONO is set to shed 1,300 jobs, almost one-third of its workforce, as a result of the current economic situation and the bleak future outlook in the sector.

ONO, which offers telephone, internet and television to six million customers through its own fibre optic network, had to reduce its workforce by 700 people in 2006 after it took over the company AUNA.

And Telefonica has just made an agreement with the Unions regarding the loss of 200 jobs at Telefónica Soluciones in Madrid and 500 jobs at Telefónica Móviles. The company justifies the action by saying that organisational changes and a convergence between landline and mobile services has resulted in the duplication of some functions.

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