workforce

Movistar Plus+ was making a comeback after four years of losing customers. Telefónica has decided to cut its workforce

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Telefónica has set 119 final departures in Movistar Plus+part of the ERE that will eliminate 4,554 positions in Spain. It is a reduction compared to the more than 200 losses initially planned, but it comes at the worst moment: when the platform was finally adding clients again. Why is it important. Movistar Plus+ has 3.75 million (the most recent data is from September 30) , the best data since 2018 after years of collapse. It lost almost 650,000 clients between 2019 and 2023, hit rock bottom, and was already beginning to recover. Now Telefónica is cutting muscle just when it needed to step on the accelerator. The paradox. The company bet a lot of money buying Canal+ and launching its own productions to compete with Netflix and Prime Video. When the numbers improve, he reduces the workforce. The inevitable question: how are you going to keep up with global giants with fewer people and a tighter budget? Yes, but. Subscriber growth does not guarantee profitability. Telefónica has reoriented Movistar Plus+ towards a more flexible and cheaper offer, unrelated to convergent packages. That adds customers but compresses margins. And competing in streaming without a global scale is very expensive. The unequal context. Netflix already has more than 300 million subscribers in the world. Prime Video exceeds 200 million. Disney+ around 120 million. Movistar Plus+ has 3.75 million in Spain, at the end of the third quarter of 2025. The difference in scale is brutal and translates directly into budget for content, technology and distribution. What works. Football continues to be the lifeline. LaLiga and the Champions League keep many subscribers hooked who, without that content, perhaps would not have stayed for so long. But a platform cannot be built only on sports rights that also increase in price every cycle, as we saw a few days ago. What deserves more luck. Movistar Plus+’s own series and documentaries have objective quality. ‘Poison‘, ‘The Messiah‘, ‘The Plague‘, ‘riot police‘, ‘The Pioneer‘ either ‘Rapa‘ demonstrate the ability to find powerful stories with local cultural sensitivity. Netflix and Prime also produce Spanish content, but Movistar Plus+ has built its own catalog that transcends obvious trends and connects with the public in another way. The problem is not the quality of the content. Quality is sometimes not enough when you compete against infinite budgets and recommendation algorithms fine-tuned with data from hundreds of millions of users. The big question. What will become of Movistar Plus+ if it continues to contract? It was beginning to regain ground, but doing so with 119 fewer people makes it difficult to maintain the pace. Without the investment capacity to match the Netflix-Amazon-Disney triumvirate, the room for maneuver narrows every quarter. The background. This ERE is not an isolated case. Telefónica has been thinning its workforce for years while it pivots towards infrastructure and gets rid of unprofitable Latin American subsidiaries. Marc Murtra, president for one year, has renovated its entire dome. The 2024 one cost 1,300 million and took 3,421 positions. This new adjustment will be more expensive and deeper. Between the lines. The unions have ended up accepting forced dismissals in minority companies such as Movistar Plus+, despite having set it as an initial red line. The pressure from the workforce to guarantee early retirements in other subsidiaries has weighed more than maintaining positions. UGT and CCOO have appealed to “common sense” and “responsibility”common euphemisms to justify a capitulation. In Xataka | Telefónica is preparing a tough ERE, but for many veterans it will be like a prize Featured image | Xataka with Mockuuups Studio

Intel prepares to fire 20% of its workforce, according to Bloomberg

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The challenges a Those who currently face Intel They exceed the other challenges that he has faced during his more than half a century of history. The leadership he has held for decades in The integrated circuit manufacturing industry is in the hands of The Taiwanese company TSMC since the mid -2000s. In addition, the stagnation during the last years of the PC market and the slowness with which Intel has participated in the industry of the industry of the artificial intelligence (AI) have placed it in a very compromised position. In July 2024, the company that at that time led Pat Gelsinger gave a tremendous batacazo in the stock market. Their actions fell 30% in a few days and stabilized in the value they had in 2011. In addition, Intel lost $ 1.6 billion During the second quarter of 2024 and its year -on -year income fell by 1%. These circumstances triggered a crisis that still persists today, as we anticipate in the head of this article. Intel’s current general director is committed to returning to the company’s roots Everything rushed during the summer of 2024. On August 2 Intel announced that was about to start a structural adjustment plan that pursued to reduce the costs of the company and increase its agility when adapting to the challenges that the market currently imposes. Its objective was to fire 15% of the workforce (more than 15,000 employees) and reduce costs by approximately 10,000 million dollars. Pat Gelsinger had declared shortly before Intel was inefficient because he had an excessively complex structure. Lip-Bu so seeks to eliminate redundant positions and reduce management levels Not even Gelsinger himself “survived” this regeneration process. On December 2 This executive came out in a somewhat precipitated way of the company, whose course was uncertain until last March 18 Lip-bu took the reins of Intel. This veteran physicist and nuclear engineer He hastened to confirm that two of the pillars of its strategy would pursue reinforce the company’s position in the AI ​​market and reposition Intel as a leading company in the integrated circuit manufacturing industry. Today we know something else. Something very important. And is that, According to BloombergIntel is preparing to face a new cut in its workforce in a clear attempt to reduce their operating expenses, among which personnel costs or marketing expenses are counted. The figure that considers the company on this occasion amounts to 20% of its workforce, which in practice implies to dispense with approximately 20,000 workers. However, these people join the more than 15,000 employees of which Intel has dispensed with in the last months of 2024. On that occasion the people who were forced to leave the company They were not engineers; They were administrative and sales personnel, marketing and support. On this occasion, Lip-Bu seeks to eliminate redundant positions and reduce management levels with the purpose of increasing Intel’s agility and competitiveness in two key areas such as AI and the manufacture of semiconductors. Image | Intel More information | Bloomberg In Xataka | Intel has confirmed that the 20A node will be skipped to reduce expenses. The 18A node will enter production in 2025

They fired 5% of their workforce and some will never work again for them

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Goal has been plunged into an intense personnel restructuring in what Mark Zuckerberg called “the year of efficiency.” According to published Techspotit is estimated that, since 2020, Meta has fired about 35,600 employees. The last ponytail of that restructuring of its template was given only a few days ago when Mark Zuckerberg announced that he was going to dismiss 5% of your workforce current, while It opened new vacancies For profiles of development for your AI. Many of the meta -employed could return to work for the company in these new positions, but A filtration of Business Insider He has revealed the existence of a “blacklist” of employees who will never step on a goal again. Keep back. One of the goal engineers fired in the 2022 round, observed a pattern when he tried to run for more than 20 vacancies in the finish line during all 2023. The hiring managers showed interest in hire him for his skillsbut when the first stage of the selection process began, the recruiters ruled out. When asking a hiring manager, he told him that from the hiring team they had forbidden him to do so as he considered it “not eligible for rectation.” “That was the first time I had a real indication that I was in some type of list,” said the engineer to Business Insider. Up to five former employees confirmed the investigations of the American environment. Reasons not to hire you. There are various reasons more than founded by which a company would include a laid out on a blacklist so as not to hire him again: to have a Inappropriate behavior, Filter confidential data of the company or have Low performance Continuously, they could be some of the reasons why these workers receive the “not eligible for rectation” label. A target spokesman pointed out that “there are clear criteria to determine when someone is considered not eligible for rectation, which apply to all employees that go, and there are controls and counterweights in the process so that a single manager cannot unilaterally consider someone not eligible without support.” “By saying goodbye, we determine the reason for the employee’s departure (breach of policies, dismissal for performance, voluntary resignation, etc.) and that, together with the last performance rating, determines whether an employee is eligible for recontraction,” explained the target spokesman to the US environment. Business Insider He has not been able to confirm the physical existence of that black list of hiring, but in the review of the internal communications of Meta they were found with the systematic refusal of different hiring responsible for trying to re -have recontract certain former employees. Limit to hire the best. While it is true that these lists are not illegal, the experts consulted by the news portal assured that it is not usual among the great technological ones that are permanently fighting for hire the best talent. In statements to TechspotLazlo Bock, Google personnel operations director for more than a decade, said it was “incredibly unusual. It is very, very rare. In fact, I have never heard of a company that has a designation of ‘not to recontract’ for former employees, because if an employee had a good performance, it is preferable to hire someone who already knows the company and its culture than another person.” Back to goal. After the latest goal layoffs, that the company attributed to low performance Having hardened his criteria, some former employees of the Mark Zuckerberg company wondered why they show up for a job offer in the company that fired you. The engineer who discovered the blackloca of the finish line assured to Inc.com I had a weight of weight: “It is the worst company I have worked on. But it is also the one that best pays. If I could stay there for a couple of years and earn a lot of money, I would do it.” In Xataka | Mark Zuckerberg has put on brown and gold chains to grind more. Surveys say it still falls badly Image | Wikimedia Commons (Nokia621), Unspash (Sigmund)

Blue Origin will cut 10% of your workforce

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Blue Origin has managed to put into orbit The imposing rocket New Glenn And, according to Jeff Bezos, It could become bigger than Amazon in the future. But for now, its priority is to reduce costs and increase the number of releases. To achieve this, the space company has announced the dismissal of “about 10 percent” of its workforce. With a template of about 14,000 employees, Blue Origin will cut about 1,400 positions, According to Reuters. The layoffs will be concentrated especially in Florida, Texas and Washington. In these last two locations, respectively, the suborbital launch installation of the New Shepard rocket and the company’s headquarters stand out. Blue Origin cuts The most affected areas are engineering, R&D and project management, in addition to a reduction in the management team. The announcement has surprised manyespecially after the recent advances of the company. However, the decision seems to respond to the need to make some adjustments to continue sailing in this complex business. Dave clean, CEO of Blue Origin, held a meeting with the employees and pointed out that “there is no easy way to communicate this.” The executive also talked about the successes that the firm has had in recent months. However, he reflected on the necessary steps they must take to guarantee their operation during the next three to five years. “We realized, with great regret, that we are not in a position to achieve the success that we really aspired to achieve,” he added. With these measures underway, Blue Origin hopes to have greater agility To, among other things, climb the manufacture of the New Glen, financed largely by Bezos, and turn it into an operational launch system. Today, access to space to “low cost” is a land dominated by Spacex. The company founded by Elon Musk has no rival and takes most of the military and commercial contracts. Blue Origin wants her piece of the cake and, although she still has her way to go, she seems completely deciding to get it. Images | Jeff Bezos (Instagram) In Xataka | NASA is developing a Hubble super telescope capable of observing exoplanets. And only two rockets can launch it

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