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.
Madrid, Tarragona (Catalonia) and Llanera (Asturias)
Sector
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.12 - Engineering activities and related technical consultancy
186 jobs Number of planned job losses
Announcement Date
14 July 2020
Employment effect (start)
14 July 2020
Foreseen end date
Description
Sacyr Fluor, a joint venture established in 2015 by the Spanish company Sacyr and the US multinational Fluor, specialising in the provision of engineering and construction services, has announced a collective lay-off plan that will affect 186 employees (almost half of the workforce) among its five centres in Spain. The main cause of the restructuring is the low economic forecast for the company together with the effects of the Covid-19 crisis.
Company and workers representatives are now starting a month-long negotiation process about the terms of the lay-off.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
