Type
Internal restructuring
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Sector
Media
Programming, broadcasting, news agency and other content distribution activities
Programming, broadcasting, news agency and other content distribution activities
60 - Programming, broadcasting, news agency and other content distribution activities

100 jobs
Number of planned job losses
Job loss
Announcement Date
11 May 2011
Employment effect (start)
31 May 2011
Foreseen end date

Description

Veo7, the tv channel, has announced the intention of applying a redundancy procedure affecting 100 employees. This is due to the cancellation of sports and news programmes. The dismissals will be effective starting from 31-05-2001.

Veo 7 is operated by the Spanish publishing group Unidad Editorial.


Sources

  • 11 May 2011: El PaĆ­s

Citation

Eurofound (2011), Veo 7, Internal restructuring in Spain, factsheet number 72102, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72102.