Lois

Type
Internal restructuring
Country
Spain
Region
Este; Comunitat Valenciana ; Valencia/València
Location of affected unit(s)
Benaguasil
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
14 - Manufacture of wearing apparel
14 - Manufacture of wearing apparel
150 jobs
Number of planned job losses
Job loss
Announcement Date
25 April 2008
Employment effect (start)
1 October 2008
Foreseen end date
31 December 2008

Description

The Valencia textile group Saez Merino has announced a restructuring that will affect 150 workers at their Benaguasil (Valencia) plant. The unions believe this is a first step for the company to become a trader.

Sources

Citation

Eurofound (2008), Lois, Internal restructuring in Spain, factsheet number 66661, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66661.