Cegasa

Type
Internal restructuring
Country
Spain
Region
Noreste; País Vasco; Araba/Álava
Location of affected unit(s)
Vitoria
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.2 - Manufacture of batteries and accumulators
27.2 - Manufacture of batteries and accumulators
240 jobs
Number of planned job losses
Job loss
Announcement Date
12 December 2008
Employment effect (start)
2 January 2009
Foreseen end date
29 May 2009

Description

The battery manufacturer Cegasa has today filed a Layoff Plan for 240 workers in its Vitoria plant, which will consist of early retirements and redundancy packages. The company last week  announced to the company committee that it would stop manufacturing batteries in its Vitoria factory due to a sudden fall in sales. The company plans to develop some initiatives to relocate the people who decide to accept the plan.

Sources

  • 12 December 2008: El País

Citation

Eurofound (2008), Cegasa, Internal restructuring in Spain, factsheet number 67652, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67652.