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.
Avatel, the Spanish telecommunications company, has launched a new Employment Redundancy File (ERE) affecting 302 employees, or 25% of its 1,195-strong workforce across 144 centres in Spain. The company justifies the move on organisational and production grounds, though unions expect the number of affected workers to decrease as negotiations progress. The negotiation committee has been formally established on 21 January, following Avatel’s official notice earlier this month. This new ERE comes less than two years after a similar process in 2024.
Union representatives have expressed concern and confusion over the new layoffs, given that the previous ERE was not fully executed, and aim to minimise job losses and explore alternatives to dismissals. Meanwhile, Avatel management suggests that the restructuring is essential to ensure the company’s long-term viability, where decisions Will be based on productivity and economic data.
This new ERE comes less than two years after a similar restructring process event in 2024 Avatel 2024-ES
Eurofound (2026), Avatel, Internal restructuring in Spain, factsheet number 204010, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204010.
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