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.
Construction 41 - Construction of residential and non-residential buildings 41.0 - Construction of residential and non-residential buildings 41.00 - Construction of residential and non-residential buildings
120 - 150 jobs Number of planned job losses
Announcement Date
18 March 2026
Employment effect (start)
19 July 2026
Foreseen end date
Description
Neinor Homes, a Spanish construction company, is preparing an Employment Redundancy File (ERE) affecting 120-150 employees, after acquiring 96.8% of Aedas Homes for 923 million euros. These figures represent between 20% and 25% of the merged staff of both companies (around 580–600 employees combined).
Although Neinor Homes publicly denies that an ERE is planned at this stage, sources close to the operation indicate that adjustments are being considered. In proportional terms, this could imply a higher impact on Aedas employees, potentially approaching 40%, though figures remain under review.
As in previous integrations, overlapping corporate functions are inevitable, where management and mid-level positions at the acquired company are expected to be most exposed.
Eurofound (2026), Neinor Homes, Merger/Acquisition in Spain, factsheet number 204434, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204434.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
