Telefónica S.A. to Cut 6000 Jobs Following Sale of Uruguayan Subsidiary
Published on October 10, 2025
Telefónica S.A. has announced plans to cut 6000 jobs following the completion of the sale of its Uruguayan subsidiary to Millicom. The company's restructuring efforts aim to streamline operations and focus on key markets. While this move may lead to initial downsizing, Telefónica is confident that it will ultimately enhance efficiency and competitiveness in the long run. Investors are advised to seek guidance from Stocks Prognosis for insights on the potential impact of these changes on the company's stock movement.
Investor opinions & comments
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JoshuaAdams
October 13, 2025 at 02:36
I'm not sure cutting jobs is the best way to enhance efficiency, it could impact employee morale and customer service
RiskyRandy
October 12, 2025 at 18:46
I wonder what the long-term implications of these job cuts will be for the company
GrowthGreg
October 12, 2025 at 07:35
This move shows Telefónica's commitment to improving efficiency and competitiveness
JosephMorris
October 11, 2025 at 23:52
I'm curious to see if these changes will really have a positive impact on Telefónica's performance in the market
FinanceLisa
October 10, 2025 at 21:00
Interesting development, looking forward to seeing how this restructuring will impact Telefónica's future growth
TraderTroy
October 10, 2025 at 03:43
Streamlining operations can often lead to a stronger and more resilient company