Type
Internal restructuring
Country
Spain
Region
Sur; Andalucía; Cádiz
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Tobacco Products
Manufacture Of Tobacco Products
12 - Manufacture of tobacco products

226 jobs
Number of planned job losses
Job loss
Announcement Date
20 June 2008
Employment effect (start)
1 January 2009
Foreseen end date
1 January 2010

Description

The Spanish-French tobacco company Altadis announced the loss of 226 jobs and the closure of two productions lines as part of internal restructuring at their Imperial Tobacco plant in Cadiz (Andalucía). Only 65 employees will remain at the Cadiz plant. In addition, the company announced future restructuring of their other Spanish plants.


Sources

Citation

Eurofound (2008), Altadis, Internal restructuring in Spain, factsheet number 66772, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66772.