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.
The French firm Alstom has announced that it will dismiss 190 employees from its train manufacture plant located in Santa Perpetua de Mogoda (Barcelona). Jobs in the areas of engineering and innovation will not be affected.
According to the source, the reduction is the result of a decline in domestic demand and increased price competition in the international market. The aim of these cuts is to adapt the plant's structure to real demand and guarantee its viability in the future.
The source reports that workers oppose the measure and have been campaigning for political support following the announcement. The same day, the group announced plans to cut 182 jobs at its headquarters in France.
Update 31-07-2014: On the 31st of July of 2014 the company and the unions achieved an agreement that reduces the number of workers dismissed to 130. Direct dismissals will affect to 41 employees while 89 employees will leave the company by means of early retirement plans. The agreement on reduced job losses followed four days of strikes called by unions during July.
Eurofound (2014), Alstom Transport, Internal restructuring in Spain, factsheet number 76860, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76860.
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