SIC

Type
Internal restructuring
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sector
Media
60 - Programming, broadcasting, news agency and other content distribution activities
60 - Programming, broadcasting, news agency and other content distribution activities
60 - Programming, broadcasting, news agency and other content distribution 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://apps.eurofound.europa.eu/restructuring-events/detail/58980.