Spanish unions have agreed to a revised total of 1,059 redundancies at Spanish cablenet Ono. It’s a significant reduction on the initial 1,297 originally proposed by new owners Vodafone, though still represents a reduction of some 17% of the workforce.

However, while unions UGT and STC have committed to the revised proposals, COOO has so far refused to give its approval.

The new package improves the terms for voluntary redundancy and says any forced layoffs won’t take place until at least January 1, 2016. Vodafone-Ono says employees will receive 45 days pay per year worked until February 2012 and 33 days per year for the period after that.

An early retirement plan for those aged 55 and over is also on the table.