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.
Sada, a company specialised in processing poultry meat, has announced the intention of implementing an employment adjustment affecting 158 workers form the plant located in Lominchar (Toledo). Some employees will be relocated to other center in Spain.
The company has justified the measure due to the drop in the sales of poultry meat recorded in Spain from 2012 to 2016 (-5%) and in the company (-13%). Workers' representatives point outs that they do not know the company's turnover recorded in 2016, because it has not been audited. Workers' representives rejected the measure and asked for the support of local authorities. The company has recently offered alternative measures to compensate the effects of the dismissals such as the relocation of 70 workers to other establishments.
Eurofound (2017), Sada, Internal restructuring in Spain, factsheet number 91170, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91170.
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