Spain's Telefónica rings in net loss in 2023 as staff cuts weigh

Spanish telecoms giant Telefónica said Thursday it swung to a loss in 2023 despite higher revenue after making provisions for layoffs in its domestic business.

Spain's Telefónica rings in net loss in 2023 as staff cuts weigh
Spanish telecoms giant Telefónica said Thursday it swung to a loss in 2023 despite higher revenue after making provisions for layoffs in its domestic business.