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.
According to recent media reports, some 500 temporary workers at Volkswagen Navarra, a Spanish subsidiary of the German car manufacturer, will see their contracts terminated prematurely. They will leave the company on 2 December 2011 instead of 12 December due to the discontinuation of two shifts.
Another 200 temporary contracts for weekend shifts have also expired. Some 400 temporary workers are left at the firm, with contracts running until 23 December. In line with previous commitment, the firm intends to turn 300 temporary workers into permanent employees before the end of the year. The workers leaving the firm will join the employment exchange which gives them priority for employment in the future.
Eurofound (2011), Volkswagen Navarra, Internal restructuring in Spain, factsheet number 73356, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73356.
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