Internal restructuring
Este; Cataluña; Barcelona
Location of affected unit(s)
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27.90 - Manufacture of other electrical equipment

210 jobs
Number of planned job losses
Job loss
Announcement Date
19 January 2023
Employment effect (start)
6 February 2023
Foreseen end date
31 December 2023


Wallbox is a smart electric vehicle charging and energy management provider which designs, manufactures and distributes electric vehicle charging technologies. Wallbox has announced last 19th January an Employment Restructuring plan (ERE) to lay-off 15% of their employees (approximately 210 employees), where the majority of them will be those located in Spain, particularly in the Barcelona headquarters.

Wallbox has been forced to implement this measure due to the crisis in the automotive sector. Shortages of microchips and global supply logistics problems have slowed down deliveries of electric vehicles and, in the face of this delay, Wallbox has suffered a drop in orders and thus revenue. The company expects with this measure to generate savings of EUR 50mn (USD 54.21mn) annually and therefore make match its cost structure with 2023 sales forecast. 

The company foresees to initiate the restructuring negotiation process with employees’ representatives next 6th February, which implies that the final number of lay-offs might be different from that initially planned.



Eurofound (2023), Wallbox, Internal restructuring in Spain, factsheet number 108237, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108237.