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.
Heineken España, a manufacturer of beers with brands such as Cruzcampo, Heineken or El Águila, has announced an Employment Redundancy Plan (ERE) in agreement with the trade unions. Accordingly, 127 people will be made redundant, representing 8.8% of the company's workforce of 1,434 employees.
Most of these staff departures will take the form of early retirement. This employment reduction has been endorsed by 85% of the workers. The company has justified the departures on organisational grounds. In its opinion, the plan lays the foundation for "superior and sustainable growth".
The company has production plants in Andalusia (Seville, Malaga and Jaen), Madrid and Valencia.
Eurofound (2023), Heineken España, Internal restructuring in Spain, factsheet number 200624, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200624.