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

170 - 195 jobs
Number of planned job losses
Job loss
Announcement Date
5 October 2012
Employment effect (start)
Foreseen end date

Description

The publishing group, Unidad Editorial, will apply for a Redundancy Procedure affecting between 170 and 195 employees. The measure will affect the newspapers of the group Marca (sports newspaper) and Expansión (economic newspaper). In addition, the staff of some specialized journals will be probably affected.

This is second Redundancy Procedure with the group plans to apply. The first one affected the newspaper El Mundo (see here). The compensation package will also be the same, with 35 days per year worked and 5000 euro.


Sources

  • 5 October 2012: El País

Citation

Eurofound (2012), Unidad Editorial, Internal restructuring in Spain, factsheet number 74292, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74292.