Portuguese telecom operator Meo, owned by Altice, has been granted restructuring status by the government. This designation, applied for in 2025 and approved earlier this year, allows the company to implement significant changes to its operations. As part of this restructuring, Meo anticipates a reduction of approximately 1,200 positions within its workforce. The move aims to streamline the company and improve its financial performance amidst evolving market conditions. Details regarding the specific roles affected and the timeline for the workforce reduction have not been fully disclosed. The restructuring plan is expected to be implemented throughout the coming months, impacting Meo’s operations across Portugal. This decision reflects broader trends within the telecommunications industry, facing increased competition and technological shifts.