Type
Internal restructuring
Country
Spain
Region
Noroeste; Galicia; A Coruña
Location of affected unit(s)
Fene
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

150 jobs
Number of planned job losses
Job loss
Announcement Date
4 December 2008
Employment effect (start)
1 January 2009
Foreseen end date
2 February 2009

Description

Eshor, the construction company, based in Fene (A Coruña), is planning to dismiss half of its payroll by means of a Layoff Plan to get rid of 150 posts of the 342 workers the company employs before February 2009. The management of the construction company, which achieved profits of around five million euros in 2007, informed the company committee of its plans in a meeting held two days ago.


Sources

  • 4 December 2008: El País

Citation

Eurofound (2008), Eshor, Internal restructuring in Spain, factsheet number 67653, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67653.