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Telecom operator Meo foresees agreed departures for 1,200 workers after restructuring status
🇵🇾 Paraguay /Economy & Trade

Telecom operator Meo foresees agreed departures for 1,200 workers after restructuring status

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News From a news agency Context piece
  • Portuguese telecom operator Meo, owned by Altice Portugal, plans to offer voluntary departures to around 1,200 employees.
  • The company secured "company in restructuring" status from the government, facilitating these mutual agreements.
  • Unions have criticized Meo's labor conditions and salary proposals, though a collective agreement with a 2.5% raise was reached.

Portuguese telecommunications operator Meo, part of Altice Portugal, is preparing for a significant workforce reduction, planning for approximately 1,200 employees to leave through mutual agreement. This initiative follows the company's successful application for "company in restructuring" status from the Portuguese government.

The government granted Meo this status in January 2026, valid until June 30, which eases the process for voluntary departures by allowing the company to exceed standard quotas for unemployment benefits. Meo stated the measure is necessary to "ensure the financial sustainability" of the company and is part of an internal transformation program. The operator emphasized that voluntary solutions have been prioritized and accompanied by worker representative bodies, ensuring each decision is "free and informed."

ensure the financial sustainability

— MeoJustifying the need for workforce reduction.

This move comes after a similar program in 2025 that offered amicable resignations, early retirements, and retirement incentives. These past and present measures are linked to the company's ongoing adaptation to technological advancements, digitalization, and the exploration of new business areas.

However, labor unions in the sector have voiced concerns over Meo's working conditions and salary offers for 2026, deeming them insufficient. Despite these criticisms, the unions concluded negotiations in April, agreeing to a 2.5% salary increase effective July 1.

free and informed

— MeoDescribing the nature of the voluntary departure decisions.
DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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