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.
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
152 jobs Number of planned job losses
Announcement Date
22 November 2008
Employment effect (start)
1 December 2008
Foreseen end date
31 December 2008
Description
Eiffage Energía, a subsidiary of the French construction group specialised in maintaining electrical networks, and in supplying cable for civil construction work has presented a Layoff Plan for 152 workers, some 30% of its Spanish payroll. According to the union, the company attributes the announced job losses to the fall in construction activity and the loss one year ago of part of a contract with Endesa. Civil work accounts for 30% of its business.
Sources
22 November 2008: El País
Citation
Eurofound (2008), Eiffage Energia, Internal restructuring in Spain, factsheet number 67656, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67656.
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