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.
Construction and engineering firm Emte will apply for a redundancy procedure affecting 190 employees. This represents around 17pc of the company’s workforce and cuts are envisaged in Catalonia (123 cuts alone), Castilla y León, Baleares, Basque Country, Andalusia, Canary Island, Madrid, Murcia, Galicia, Comunidad Valenciana and Aragón.
The unions consider that the company can implement alternative measures in order to avoid the dismissals. At the same time, they reject to cut wages by 10%, as the company proposes. As to date, the measure is being negotiated with the unions.
In May 2012 the company had already applied for a redundancy procedure affecting 298 employees.
Eurofound (2014), Emte, Internal restructuring in Spain, factsheet number 76459, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76459.