Vodafone cuts VOIS Spain ERE to 166, sets 45-day severance for pre-2012 tenure

Vodafone has reduced the number of employees affected by the layoff plan (ERE) at its Spanish subsidiary VOIS to 166, down from an earlier figure. Severance is set at 45 days per year worked for seniority before the 2012 labor reform, a standard but costly arrangement. This signals a narrower restructuring than initially planned, potentially easing near-term cost concerns but still reflecting ongoing telecom sector consolidation.