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.
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41 - Construction of buildings
238 jobs Number of planned job losses
Announcement Date
28 June 2013
Employment effect (start)
28 June 2013
Foreseen end date
Description
Isolux Corsán will apply for a redundancy procedure affecting 238 employees in its construction section (around 23% of its entire workforce). The redundant workers will receive dismissal compensation equal to 29 days per year worked. In addition, they will be able to take part in an outplacement plan that provides them with support for their reintegration into the labour market.
Temporary dismissals of 12 months will be also applied for 60 employees. The measures have been agreed with the unions.
This is the second labour adjustment plan presented by the company. In October 2012 the company dismissed 123 employees. The restructuring is attributed to the economic crisis and its impact on the construction sector.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
