Business · Companies · 10 hrs ago

Avatel and unions agree to limit compulsory layoffs to 383

Avatel and unions agree to limit compulsory layoffs to 383

Avatel and worker representatives reached a preliminary deal on the company’s ongoing collective redundancy process in Spain.

The deal caps compulsory job losses at 383, down from the 444 initially proposed.

Up to 444 employees could still leave if all departures are voluntary, and the company can reject voluntary applications.

Workers who leave will receive compensation of 33 or 45 days’ pay for each year worked, capped at 24 months’ pay.

In Avatel’s television division, employees will also be asked to consider a flexible schedule, while keeping eight-hour workdays and 48 hours of weekly rest.

The company says weak financial results and repayments of public grants for network projects that were not completed are behind the restructuring.

This is Avatel’s third workforce reduction in two years, following changes in 2024 and January 2026 that led to 600 departures.

Staff will assess the proposed schedule changes, and voluntary departures can begin after the legal process is complete.

1 source

Related