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.
CaixaBank in Spain is to apply for a redundancy procedure affecting 2,600 employees. The restructuring plan (dismissals by means of voluntary leaves and early retirements) proposed by the company has been agreed with the unions. Dismissed workers will receive compensation by dismissal equal to 45 days per year worked with a maximum of 42 months.
Eurofound (2013), CaixaBank, Internal restructuring in Spain, factsheet number 74950, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74950.