Restructuring events
European Restructuring Monitor (ERM)
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.
The company Detersa is specialised in the manufacture of components for television sets and other equipment. On 12 January 2006 the company presented a job reduction plan concerning 232 redundancies, 70% of its workforce. The reasons behind the measure are the closure of different customers sites such as Samsung or Panasonic. The job reduction plan will be negotiated with the labour representatives.
On 3 February 2006 the company finally agreed with the labour representatives on a job reduction plan concerning 207 redundancies. The redundants will receive an indemnisation of 34 days per year worked with a maximum of 15 months.
Eurofound (2006), Detersa, Internal restructuring in Spain, factsheet number 62792, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62792.