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.
Other Services Membership Organisations Activities Of Membership Organisations 94.92 - Activities of political organisations
50 jobs Number of planned job losses
Announcement Date
29 March 2016
Employment effect (start)
Foreseen end date
Description
The Popular Party has announced to its working committee that it will apply a labour force adjustment that will affect at least 50 people. The measure is explained due to the negative electoral results achieved in different local, regional and national elections. As a result, public subsidies provided by the State to this political party have been reduced. If the Popular Party does not manage to take the national government office, an issue which is currently being negotiated, the number of dismissals may increase as some politicians will have to return to their previous jobs in the Party.
Sources
29 March 2016: Okdiario
Citation
Eurofound (2016), Popular Party, Internal restructuring in Spain, factsheet number 86881, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86881.
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