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This file picture taken on February 5, 2010 shows the logo of the... News PhotoBuilt Structure,Finance,Flag,Headquarters,Horizontal,Logo,Madrid,Portrait,Showing,Sign,SpainPhotographer Collection: AFP 2011 AFP(FILES) This file picture taken on February 5, 2010 shows the logo of the Spanish Telecom Company Telefonica pictured on a flag at the building housing the headquarters of the company in Madrid. Spanish telecoms giant Telefonica said on April 14, 2011 it plans to cut its workforce in Spain by about 20 percent, or some 6,000 people, over the next three years as a cost-cutting measure. AFP PHOTO/DOMINIQUE FAGET (Photo credit should read DOMINIQUE FAGET/AFP/Getty Images)