Telefonica Seeks Leaner, Bolder Structure Under Chief’s Review

Telefonica, the Spanish telecom giant, is undergoing a strategic review led by its chairman. The review is expected to be presented next month and aims to revitalize the company's growth. As part of this process, Telefonica is considering an executive shake-up, potential job cuts, and a more aggressive approach to deal-making. The review is seeking to create a leaner and bolder structure for the company, which has faced challenges in recent years. The details of the proposed changes are not yet known, but the company's leadership is aiming to implement measures that will help Telefonica better compete in the rapidly evolving telecommunications industry. The strategic review comes at a critical time for the company, as it seeks to adapt to changing market conditions and technological advancements. The outcome of the review will be closely watched by Telefonica's stakeholders, including investors, customers, and industry analysts.