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.
Editorial Vicens Vives, the Spanish publishing company, has informed its workers of its intention to initiate an Employment Redundancy File (ERE) for economic reasons for 82 workers, which represents 25% of the workforce, and which affects nine work centres throughout Spain. The most affected centre is the one in Barcelona, with 52 workers affected.
The worker’s representation criticise the lack of documentation provided by the group's management to justify the dismissals, indicating that the reasons given for the ERE are not accredited, nor is the justification for the dismissals justified, nor is the viability of the company guaranteed. For its part, the company has assured that it is obliged to optimise the personnel structure in order to adapt it to the economic and market context and to guarantee the viability of the company. The company has stressed its key goal of preserving the maximum number of jobs possible.
Eurofound (2023), Editorial Vicens Vives, Internal restructuring in Spain, factsheet number 200593, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200593.