Vodafone, ONO workers go on strike
Juan Fernandez Gonzalez
| 11 September 2015
With Vodafone having confirmed its intention to fire 1,297 workers following its acquisition of ONO, workers are set to strike for several days at the end of the month.
According to the union Comisiones Obreras, workers will strike on 21, 28, 29 and 30 September, to show their opposition to the plan to fire over 20% of staff. Vodafone's intention is to fire 492 workers from its own workforce and 805 from ONO's.
"The staff reduction is a necessary part of the integration plan ... for an efficient and competitive organisation," explained Vodafone at the end of July, when the plan was publicly announced.
But the unions say that Vodafone's move is unreasonable, as both companies were performing normally a year ago, when the €7.2 billion buy-out was approved.
The British telco is said to have made its decision due to the fall in income and EBITDA over the past years and internal sources say that Vodafone is now facing ONO's larger-than-expected debt.
Commercially, Vodafone and ONO recently launched their first convergent offer, including ONO's TiVo-powered pay-TV platform.