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 call centre Extel has announced its intention of implementing an employment adjustment affecting that may affect 355 workers (12% of its entire workforce). More than a half of the dismissals (205) will be concentrated at the company's offices located in La Coruña (Galicia). The remaining dismissals will affect the offices of Zaragoza (104), Alcobendas (29), Hospitalet (13) and Málaga (4). The company explains that the measure is justified due to productive reasons, mainly derived from the decision taken from its main client, Movistar, of reducing the amount of work contracted out. The trade unions reject the measure proposed and have called for a strike to demand the withdrawal of the dismissals.
Eurofound (2016), Extel, Internal restructuring in Spain, factsheet number 88867, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88867.