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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Orange | NYSE:ORAN | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.10 | 0.91% | 11.07 | 11.11 | 10.98 | 11.02 | 585,478 | 21:17:19 |
From Jul 2019 to Jul 2024
By Mauro Orru
Orange has signed a preliminary agreement with Spanish workers' representatives on hundreds of voluntary departures in the country.
A spokesman for Spain's Union General de Trabajadores told The Wall Street Journal on Tuesday that the agreement encompasses up to 400 departures from Orange on a voluntary basis, instead of 485 "forced" layoffs prior to the negotiations.
The agreement also paves the way for up to 200 workers to retire ahead of time, the spokesman added.
The union said it considers the deal a "success," adding that it also acknowledged Orange's flexibility and the French telecommunications giant's ability to "listen to its staff."
Orange didn't immediately respond to a request for comment.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
June 29, 2021 06:04 ET (10:04 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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