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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.2 - Manufacture of batteries and accumulators
240 jobs Number of planned job losses
Announcement Date
12 December 2008
Employment effect (start)
2 January 2009
Foreseen end date
29 May 2009
Description
The battery manufacturer Cegasa has today filed a Layoff Plan for 240 workers in its Vitoria plant, which will consist of early retirements and redundancy packages. The company last week announced to the company committee that it would stop manufacturing batteries in its Vitoria factory due to a sudden fall in sales. The company plans to develop some initiatives to relocate the people who decide to accept the plan.
Sources
12 December 2008: El País
Citation
Eurofound (2008), Cegasa, Internal restructuring in Spain, factsheet number 67652, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67652.
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