Cemex

Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.6 - Manufacture of articles of concrete, cement and plaster
23.61 - Manufacture of concrete products for construction purposes
156 jobs
Number of planned job losses
Job loss
Announcement Date
28 January 2013
Employment effect (start)
1 March 2013
Foreseen end date

Description

Mexican cement firm, Cemex, will apply for a Redundancy Procedure affecting 156 employees out of a total of 1,077.

The measure is blamed on the decline in demand in the cement industry. Other cement manufacturers in Spain have recently undergone restructuring such as Cementos Portland (see here) and Holcim (see here).

Negotiations with the unions are still ongoing. This is the second plan being presented to staff, after 290 employees lost their jobs at the end of 2012.

Sources

  • 28 January 2013: Cinco Días

Citation

Eurofound (2013), Cemex, Internal restructuring in Spain, factsheet number 74887, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74887.