Restructuring events
European Restructuring Monitor (ERM)
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.
Gamesa has announced the reduction of its workforce by 324 employees.
The company has reached an agreement with the workers’ representatives, by which the number of dismissals was reduced from 480 to 324. The redundant employees will receive a compensation of 33 days per year worked. According to Gamesa’s business plan the wages of the remaining employees will be frozen until 2015.
Gamesa is a company specialized in the manufacture, sale and installation of wind turbines.
Eurofound (2012), Gamesa, Internal restructuring in Spain, factsheet number 74674, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74674.