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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.90 - Manufacture of other electrical equipment
199 jobs Number of planned job losses
Announcement Date
4 January 2023
Employment effect (start)
5 February 2023
Foreseen end date
31 December 2023
Description
The electrical equipment manufacturer General Electric has announced its decision to lay off 199 employees in Spain and to initiate a redundancy programme (ERE) affecting several work centres, in particular those located in Catalonia and Castilla La Mancha. The company argues the need to adjust its workforce within a framework of global restructuring of its activities worldwide, including its facilities in Spain.
Trade unions have rejected the proposed measure, while urging the company to opt for less traumatic and temporary measures measures (e.g. a PERTE) that would guarantee the level of employment and activity, particularly in the current context of boosting demand for renewable energy production and the moderation in cost increases in recent months. The unions have called a strike to protest against these measures.
Eurofound (2023), General Electric, Internal restructuring in Spain, factsheet number 108326, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108326.
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