Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale Of Household Goods
46.44 - Wholesale of china and glassware and cleaning materials

81 jobs
Number of planned job losses
Job loss
Announcement Date
2 April 2019
Employment effect (start)
Foreseen end date

Description

The Spanish decorative porcelain company group Lladró has announced a collective dismissal plan affecting 81 workers at national level. The company argues that the long-term economic sustainability of the business involves workforce adjustments. Within the Lladró Group, the plan affects 34 employees of the company Porsa, 32 to Lladró, 10 to Daisa and 5 to the company Arte y Porcelanas. This adjustment comes together with the current temporary restructuring plan of employment in the productive areas of the company. In 2016, the Lladró Group implemented another collective dismissal plan that affected 268 employees. Months later, Lladró was sold to the Spanish investment fund PHI Industrial.


Sources

Citation

Eurofound (2019), Lladró, Internal restructuring in Spain, factsheet number 97584, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97584.