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 hotel chain company Meliá has dismissed 230 employees last week in different regions of Spain (Madrid, Barcelona, Mallorca, Alicante, Sevilla, Málaga, Tenerife and Lanzarote), preparing also a set of o temporary layoff plans. The reason behind these measures is the sudden decline of clients in the sector due to the COVID-19 crisis. Trade unions announced future protests in the affected locations, although current measures to contain conoravirus contagion restrict the organisation of public and private events.
Eurofound (2020), Meliá, Internal restructuring in Spain, factsheet number 100045, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100045.