Internal restructuring
Comunidad de Madrid;
Location of affected unit(s)
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Programming And Broadcasting Activities
60 - Programming and broadcasting activities

114 - 170 jobs
Number of planned job losses
Job loss
Announcement Date
13 May 2004
Employment effect (start)
Foreseen end date


Onda Cero, nation-wide entertainment radio channel owned by Grupo Antena 3, had been condemned by the National Court of Justice to pay 193 million euros to Radio Blanca, a music radio channel. In the last years Onda Cero agreed with Radio Blanca to pay a fixed amount for each radio listener, but finally did not commit to the contract due to the spectacular and unforeseeable increase of the number of Radio Blanca listeners. Therefore Radio Blanca decided to raise the case to the National Court of Justice. Grupo Antena 3, the Matrix of the company, had announced several measures in order to assume its responsibility for the payment. Concerning Labour, the measures were to dismiss 170 of Onda Cero´s workforce. Final agreement between the management of Onda Cero and Labour Representatives has seen 114 dismissals out of its 876 employees, which represents 13% of the company´s workforce.


  • 13 May 2004: La Gaceta de los Negocios


Eurofound (2004), Onda Cero, Internal restructuring in Spain, factsheet number 60344, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60344.