EMCC European Monitoring Centre on Change

The Phone House

Company/Organisation:
The Phone House

Geographic Location

Country: Spain

Company

Sector: Information / communication
Telecommunications
61.90 - Other telecommunications activities
Number Employed: 1757
Group: Dominion

Employment Effects

Announcement Date: 29-09-2020
Planned Job Reductions min: 500
Planned Job Reductions max: 600
Type of Restructuring: Internal restructuring
Direct Dismissals: 500

Additional Information

The Phone House, the retail company chain of multi-brand telephones, has announced a collective layoff plan for the workers of 148 of its 500 centers (29.6%): 147 shops across all Spanish territory and one logistic center in Madrid. The plan can affect between 500 and 600 employees.

This announcement comes two days after the end of the temporary layoff plan implemented due to the COVID-19 pandemic. The company estimates that the measures taken during the first months of the pandemic have not been enough to cushion the economic and productive situation of the company, which was not positive before the impact of OVID-19.

Company and workers' representatives are currently negotiating the terms of the restructuring plan.

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