Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21.1 - Manufacture of basic pharmaceutical products

120 jobs
Number of planned job losses
Job loss
Announcement Date
4 September 2012
Employment effect (start)
Foreseen end date

Description

The pharmaceutics company Boehringer has announced to apply for a Redundancy Procedure affecting 120 employees (6.5% of its workforce in Spain). The measure will only affect sales personnel.

The restructuring is blamed on different cuts in public health expenditure implemented by the Spanish government.


Sources

  • 4 September 2012: Cinco Días

Citation

Eurofound (2012), Boehringer, Internal restructuring in Spain, factsheet number 74060, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74060.