Entreposto

Type
Internal restructuring
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sector
Other Services
95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
250 jobs
Number of planned job losses
Job loss
Announcement Date
23 August 2003
Employment effect (start)
1 January 2003
Foreseen end date
1 August 2003

Description

Since January of 2003, the Group Entreposto fired 250 workers through agreements of resignation, collective dismissal and not renewal of a fixed-term contract. The reason is the crisis of the sector automobile in Portugal.

Sources

  • 23 August 2003: Diário de Notícias

Citation

Eurofound (2003), Entreposto, Internal restructuring in Portugal, factsheet number 58903, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58903.