Type
Internal restructuring
Country
Spain
Region
Este; Cataluña; Barcelona
Location of affected unit(s)
Vila Nova i la Geltrú
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13 - Manufacture of textiles

86 jobs
Number of planned job losses
Job loss
Announcement Date
18 October 2011
Employment effect (start)
Foreseen end date

Description

The textile enterprise Venca has applied for a redundancy procedure affecting 86 employees (18% of its workforce). The redundancies will affect all business areas (e.g. logistic, customer services). The measure is  due to a drop in sales.


Sources

  • 18 October 2011: Expansión

Citation

Eurofound (2011), Venca, Internal restructuring in Spain, factsheet number 72614, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72614.