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 (13 - 15) Manufacture of textiles, apparel and leather 15.2 - Manufacture of footwear 15.20 - Manufacture of footwear
250 jobs Number of planned job losses
Announcement Date
21 December 2025
Employment effect (start)
12 December 2025
Foreseen end date
14 January 2026
Description
The Elche-based footwear component manufacturer Analco is set to implement an Employment Redundancy File (ERE) affecting two-thirds of its workforce, reducing staff numbers from between 350 employees to around 100. The firm is burdened with an important debt due to a sharp decline in sales and plans to sell its production unit to another company, which would retain the remaining 100 workers.
Negotiations with unions over recent weeks have resulted in an agreement to raise severance pay from 20 to 28 days per year worked, capped at 18 months.
The case of Analco highlights the severe crisis affecting Alicante’s footwear industry, where multiple firms have entered insolvency proceedings in 2025. Analysts attribute the downturn to global instability, rising tariffs, and inflation in raw materials, as well as the failure of some companies to adapt their structures to changing market conditions.
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.
