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.
Kuehne+Nagel, a multinational logistics group with presence in Spain, has announced the closure of a logistics centre in Constantí (Tarragona, Spain) and the lay-off of the 150 people working in this centre. The reason behind this lay-off process is the decision of Amazon, Kuehne+Nagel's only customer for this centre, to no longer use its services. Workers' representatives have started negotiations on the redundancies. They will ask for a compensation of 39 days per worked year and the possibility that the workers will be relocated to other workplaces that the Company has got in Barcelona, Zaragoza, Madrid or Seville.
Eurofound (2023), Kuehne+Nagel SA, Closure in Spain, factsheet number 108575, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108575.