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.
(58 - 60) Media 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities
100 jobs Number of planned job losses
Announcement Date
11 May 2011
Employment effect (start)
31 May 2011
Foreseen end date
Description
Veo7, the tv channel, has announced the intention of applying a redundancy procedure affecting 100 employees. This is due to the cancellation of sports and news programmes. The dismissals will be effective starting from 31-05-2001.
Veo 7 is operated by the Spanish publishing group Unidad Editorial.
Sources
11 May 2011: El País
Citation
Eurofound (2011), Veo 7, Internal restructuring in Spain, factsheet number 72102, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72102.
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