Type
Internal restructuring
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Programming And Broadcasting Activities
60 - Programming and broadcasting activities

100 jobs
Number of planned job losses
Job loss
Announcement Date
6 October 2003
Employment effect (start)
1 January 2003
Foreseen end date
1 December 2003

Description

SIC group announced a restructuring plan affecting 100 employment contracts. The measure is due to economic difficulties and will result in 40 direct dismissals in Portugal.


Sources

  • 6 October 2003: Diário Económico

Citation

Eurofound (2003), SIC, Internal restructuring in Portugal, factsheet number 58980, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58980.