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.
Madrid, Talavera de la Reina (Toledo), Zaragoza and Alcoy (Alicante)
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail trade, except of motor vehicles and motorcycles
71 jobs Number of planned job losses
Announcement Date
13 May 2011
Employment effect (start)
15 June 2011
Foreseen end date
Description
Darty, a retailer of electrical appliances, is to apply for a redundancy procedure (Expediente de Regulación de Empleo, ERE) affecting 117 employees. The company will close 5 shops located in Madrid, Talavera de la Reina (Toledo), Zaragoza, and Alcoy (Alicante). The reason behind this internal restructuring is the decline in turnover during the last three years.
Update 15-06-2011: Darty and the unions have reached a final agreement for an implementation of an ERE (Expediente de Regulación de Empleo) affecting 71 employees.
Sources
13 May 2011: Europapress.es
15 June 2011: lavozlibre.com
Citation
Eurofound (2011), Darty, Internal restructuring in Spain, factsheet number 71956, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71956.
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