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 French telecommunication networks construction and maintenance company Circet has presented an employment redundancy file (ERE) for 377 employees in Spain, approximately 13% of its workforce in the country. The company has cited economic, organisational, and productive reasons for this collective dismissal process.
The Spanish trade union UGT-FICA has opposed this initial ERE proposal. The union has emphasised that it has requested additional data and information on new contracts and about the subcontracting of services that the company is undertaking. UGT-FICA has also highlighted its goal to prevent the plan and that, if the company proceeds with the workforce adjustment, it should be implemented "through non-traumatic measures", such as voluntary departures and early retirement.
Eurofound (2024), Circet, Internal restructuring in Spain, factsheet number 201944, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201944.