Type
Internal restructuring
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.13 - Publishing of newspapers

134 jobs
Number of planned job losses
Job loss
Announcement Date
1 March 2012
Employment effect (start)
1 March 2012
Foreseen end date

Description

Publishing firm Mediapubli has applied for a labour force adjustment plan affecting 134 staff at its national newspaper Público. This represents 84% of its workforce.

The company filed the application on the 28 February, which will come into force in the following days.

Reportedly, the newspaper, which reached 87,000 readers, was unable to find investors to improve its financial situation and is now forced to cut jobs. Público was launched in 2007.


Sources

  • 24 February 2012: The Guardian
  • 1 March 2012: Público

Citation

Eurofound (2012), Mediapubli, Internal restructuring in Spain, factsheet number 73228, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73228.