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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.2 - Technical testing and analysis
56 - 153 jobs Number of planned job losses
Announcement Date
8 September 2014
Employment effect (start)
9 October 2014
Foreseen end date
Description
Spanish engineering firm, Tecnatom, will apply a collective dismissal affecting 153 employees (18% of the staff). According to the announcement 59 graduate employees, 13 administrative employees and 81 technical workers will be affected. A consultation process has been opened aiming to discuss the measure with the unions that will end on 24 September 2014. The unions will propose alternative measures such as wage reduction and working time reduction. As announced, the measure is due to economic reasons. However, the union CCOO raises doubts about that argument. They state that the company recorded profits of € 3.80mn in 2013.
Updated, 09/10/2014: As reported, the company reached an agreement with the trade union that reduces the number of dismissals to 56 out of a workforce of 850 people.
Sources
8 September 2014: Cinco Días
9 October 2014: La Vanguardia
Citation
Eurofound (2014), Tecnatom, Internal restructuring in Spain, factsheet number 77538, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77538.
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