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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.49 - Manufacture of other ceramic products
57 jobs Number of planned job losses
Announcement Date
29 June 2011
Employment effect (start)
Foreseen end date
Description
Spanish glazed ceramic tiles firm La Azulejera Tau has presented a labour force adjustment plan affecting 57 employees. Negotiations with the unions are ongoing.
This is the fifth labour force adjustment plan since the start of the economic crisis. In total, the firm has so far reduced its workforce from 900 employees to only 370. La Azulejera Tau's turnover has fallen from EUR 12 mn (USD 179.73mn) in 2008 to EUR 79mn in 2010.
Sources
29 June 2011: Levante emv.com
Citation
Eurofound (2011), La Azulejera Tau, Internal restructuring in Spain, factsheet number 72142, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72142.
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