Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Cruz Roja Española, national affiliate of the International Red Cross and Red Crescent Movement and a nonprofit humanitarian institution in Spain, announced a collective redundancy file (ERE) affecting 321 employees due to organisational and financial constraints. This decision follows a ruling by the National Court, which invalidated a previous redundancy process involving 149 workers.
Labour unions, including CCOO and USO, strongly opposed the ERE, advocating for alternative measures such as temporary suspensions and enhanced compensation packages. Despite negotiations, no agreement was reached, and Cruz Roja will proceed with legally mandated severance terms, to be finalised in the first quarter of 2025. In the end, 125 workers will be affected by the ERE, and the redundancies will impact nearly all provinces in Spain, with the organisation citing the expiration of funding for various programmes.
Labour unions, including CCOO and USO, have strongly opposed the ERE, advocating for alternative measures such as temporary suspensions and enhanced compensation packages. Unions continue to support affected workers, urging improved redundancy conditions and encouraging union membership to safeguard labour rights in future disputes.
Eurofound (2024), Cruz Roja, Internal restructuring in Spain, factsheet number 202301, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202301.
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