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.
The private security company Prosegur plans to dismiss 1,500 workers in Spain.
This is part of a cost-savings plan including also wage cuts by 5% - this means that the company is opting out of a national collective agreement in the sector.
The unions have announced various demonstrations to protest against the measure.
Eurofound (2014), Prosegur, Internal restructuring in Spain, factsheet number 76617, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76617.