Adamo proposes a collective redundancy plan in Barcelona, ​​Madrid, Seville and Cantabria

Adamo, the telecommunications group specializing in deployments in rural and ultra-rural areas, has filed for redundancy plans (ERE), according to union sources. At this time, the company has not announced the number of jobs it intends to reduce, but its total workforce is around 300. Almost the entire workforce is located at the Barcelona headquarters, but the ERE will also affect Madrid, Seville, and Cantabria.

The negotiating table will be set up in the next 15 days, and the company will then reveal its specific plans for staff reductions.

Adamo was acquired by the French fund Ardian in 2021, at the height of the fiber optic operator bubble, for an amount exceeding one billion euros, although the majority of the acquisition was made with debt.

The operator's management has recently changed, as the group's previous CEO, Carlos Ávila, was replaced in early May by Miguel Ángel Rodríguez Sola, a manager with extensive experience in strategic consulting and the financial sector. Rodríguez Sola was most recently a senior advisor at Boston Consulting Group and was CEO of Wizink until 2024. He previously served as president of Lendrock and Aplazame , and throughout his career he has held senior management positions at Boston Consulting, McKinsey, Lloyds Banking Group and Banco Santander, both in Spain and in the United Kingdom and the United States.