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ELEZF - Endesa to lay off upto 1200 employees by 2024
Endesa S.A.
As part of its strategic plan, Endesa (ELEZF) has reached an agreement with labor unions on the voluntary suspension or termination of a maximum of around 1,200 employees between 2021 and 2024.The company states that the execution of the collective agreement will entail a nonrecurring impact on income of ~€390M, with no effect on shareholder remuneration for FY2020.Source