STPT demands reinvestment of Altice's surplus value in salaries and blocks early departuresPhoto by Rodolfo Gaion on Pexels
Business

STPT demands reinvestment of Altice's surplus value in salaries and blocks early departures

Jornal Económico31 August 2026 at 19:50

The Union of Workers of the Altice Group in Portugal (STPT) demanded today that the company share productivity gains with workers through salary increases, performance bonuses and loyalty compensation schemes. In a statement, the union maintains that whenever the company improves its results thanks to workers' efforts, these workers should benefit from that wealth.

The STPT also repudiated the removal of senior executives from the telecommunications group, demanding an end to the early departures of more experienced workers. The union considers that longer-serving workers cannot be "pushed out" under the pretext of technological evolution or competitive pressure.

Despite considering the telecommunications sector as one of the pillars of the Portuguese economy, the union points out that salaries at Altice Portugal and its subsidiaries remain relatively below those practiced in the more developed European countries. The STPT proposes a strategy focused on professional valorization through continuous training in areas such as artificial intelligence, cybersecurity and digital transformation, as well as the creation of transparent professional careers with objective criteria based on merit.

The union defends that salary negotiations should be based on concrete economic indicators such as inflation and the financial performance of companies. The STPT acknowledges that demanding increases disconnected from the company's economic reality is not sustainable, but emphasizes that technological innovation and modernization should not compromise workers' rights and valorization.

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