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.
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
100 jobs Number of planned job losses
Announcement Date
24 January 2009
Employment effect (start)
16 February 2009
Foreseen end date
1 June 2009
Description
The pharmaceutical company Uriach has announced to the unions that it will launch a job reduction plan (Expediente de Regulacion de Empleo in Spanish, ERE) over the next week which will affect 100 workers. The decision to cut the 100 jobs is attributed to both the financial losses from 2004 and the global economic crisis.
Sources
24 January 2009: El País
Citation
Eurofound (2009), Uriach, Internal restructuring in Spain, factsheet number 67945, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67945.