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.
Telecommunications company BT is planning to dismiss 107 employees in Spain. This amounts to about 11 pc of the total workforce in Spain.
Reportedly, this is due to economic and organisational reasons.
Most of the employees are located in Madrid, but the company has also job centres in Barcelona, Bilbao, Coruña, Sevilla and Valencia.
The measures will be discussed with the unions in the following month.
Eurofound (2014), BT, Internal restructuring in Spain, factsheet number 76482, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76482.