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.
Transportation / Storage 51 - Air transport 51.1 - Passenger air transport 51.10 - Passenger air transport
996 jobs Number of planned job losses
Announcement Date
12 March 2026
Employment effect (start)
12 June 2026
Foreseen end date
Description
Iberia, the Spanish airline, has informed trade unions of its intention to implement a voluntary Employment Redundancy File (ERE) affecting up to 996 employees, equivalent to around 5% of its workforce of 19,700 people.
The airline, part of the IAG group, stresses that the objective is not to reduce overall headcount but to rejuvenate the workforce and adapt professional profiles to its new strategic phase, which focuses on expansion, particularly in Latin America, and accelerated digital transformation.
The proposed departures are distributed across several areas, namely, 106 pilots, 137 cabin crew members, 305 maintenance and repair staff, 243 ground operations employees and 205 corporate workers. According to the company, the initiative is designed to align skills and capabilities with future growth plans rather than to implement structural downsizing.
Iberia has experienced several previous restructuring events, particularly in 2024 Iberia Handling 2024-ES(affecting 1,727 handling staff) and in 2017 Iberia 2017-ES, affecting 995 workers.
Eurofound (2026), Iberia, Internal restructuring in Spain, factsheet number 204396, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204396.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...