Endesa to cut 230 jobs in Spain

Spanish energy group Endesa announced on 1 August 2026 that it will cut 230 jobs — around 1.4% of its Spanish workforce of about 16,500. The cuts fall mainly on structural and corporate functions; the company cites the adaptation of its business model to the energy transition and the growing digitalisation of its operational processes. €208m is earmarked for the programme (an average of roughly €900,000 per departure). The consultation period begins in early August with a first meeting on 8 August 2026 and is legally capped at one month; an agreement is targeted before year-end, with the first departures expected from the first quarter of 2027. Reported detail on voluntariness: the report cites sources saying participation is to be 'strictly voluntary' — unions CC.OO. and UGT are demanding explicit guarantees to that effect, along with commitments on generational renewal and against outsourcing.