Type
Closure
Country
Spain
Region
Centro; Castilla y León; León
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.1 - Publishing of books, periodicals and other publishing activities

100 jobs
Number of planned job losses
Job loss
Announcement Date
8 October 2015
Employment effect (start)
Foreseen end date
29 December 2015

Description

The Spanish publishing group Everest has achieved an agreement with its work council that will result in the dismissal of 100 workers in León. The remaining 27 workers will stay in the company for a few more months in order to liquidate the stock of books. The group is closing due to a lack of funds, and the unwillingness of investors to deposit the required €100,000 before the deadline of September 30. Everest group has three companies: Editorial Everest (70 employees), Evergraficas (54 employees) and Editorial Ediciones (17) employees. The current dismissals will affect workers from Editorial Everest and Evergraficas. Workers from Editorial Ediciones were affected by a previous employment adjustment in 2012.


Sources

  • 8 October 2015: La Vanguardia

Citation

Eurofound (2015), Everest, Closure in Spain, factsheet number 84991, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84991.