Type
Internal restructuring
Country
Spain
Region
Este; Cataluña; Barcelona
Location of affected unit(s)
Barcelona
Sector
Real Estate
Real Estate Activities
Real Estate Activities
68.3 - Real estate activities on a fee or contract basis

160 jobs
Number of planned job losses
Job loss
Announcement Date
9 May 2008
Employment effect (start)
8 June 2008
Foreseen end date
31 December 2008

Description

On 9 May the real estate company Habitat announced a restructuring which will affect a total of 160 employees, 50% of its workforce. The company, 20% of which is owned by Ferrovial, has experienced losses foreseen to last until 2010.


Sources

Citation

Eurofound (2008), Habitat, Internal restructuring in Spain, factsheet number 66662, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66662.