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Telefónica to Cut 1,100 Jobs at German O2 Unit in €265 Million Restructuring

Summary by Mobile Europe
Telefónica is cutting 1,100 jobs at its German subsidiary O2 as part of a major cost-cutting restructure aimed at improving the company’s competitiveness. The telecoms giant revealed that up to one in six full-time positions will be eliminated by the end of the year, costing the company around €265 million. As a result, the company has begun offering redundancy packages and other incentives designed to encourage staff to leave voluntarily. Don’t…

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Lean Right

Compared to the average fall of 0.6% recorded by the main European operators.

Center

The pressure seems to be too high for the O2 Group. By 2026, more than 1000 jobs will be removed – further cuts will follow.

·Syke, Germany
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Lean Right

What Vodafone has behind him now has competitor O2 ahead of him: a painful personnel reduction. But is this really the way back to good figures? An O2 Supervisory Board member has his doubts.

·Düsseldorf, Germany
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Right

The telecommunications provider O2 plans to remove every sixth job in Germany. This will mean that up to 1100 people will lose their jobs. For them there are now severance payments and other offers ready for them to go voluntarily. The company also wants to close 60 shops by the end of the year. The company's own locations are affected, not those of franchise partners. "We simplify the organisation, bundle activities and intensify the use of art…

·Vienna, Austria
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Center

The telecommunications provider O2 Telefónica wants to reduce every sixth job in Germany.

·Germany
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Lean Right

Telefónica Germany follows the steps of Spain and also prepares a restructuring of personnel that will result in the departure of 1,100 employees, of whom a part of the...

·Madrid, Spain
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Bias Distribution

  • 37% of the sources are Center, 36% of the sources lean Right
37% Center

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noz.de broke the news in Osnabrück, Germany on Wednesday, July 22, 2026.
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