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.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
290 jobs Number of planned job losses
Announcement Date
1 July 2013
Employment effect (start)
1 July 2013
Foreseen end date
Description
Alstom Wind, specialized in the production of wind power, is going to apply for a redundancy procedure affecting 290 employees in different locations in Spain. The measure refers to the closure of the plants located in Altamira (Zamora) and Somozas (Galicia). The redundancy procedure has been agreed with the unions. By means of the agreement, the unions have been able to reduce the initial number of dismissals by 22%. Dismissed workers will receive compensation by dismissal equal to 40 days per year worked up to a maximum of 12 months. Moreover, workers older than 56 years old will be eligible for early retirement.
Sources
1 July 2013: Europapress
Citation
Eurofound (2013), Alstom Wind, Internal restructuring in Spain, factsheet number 75618, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75618.
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.
