Indo

Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Alcobendas (Madrid), Canarias, Bilbao, Sevilla, Málaga, Palau de Plegamans (Barcelona), Murcia
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
135 jobs
Number of planned job losses
Job loss
Announcement Date
16 March 2009
Employment effect (start)
4 May 2009
Foreseen end date
1 October 2009

Description

The lens manufacturer Indo International, has reported that it has presented an ERE (Redundancy Dismissal Procedure) to the labour authority for the termination of the employment contracts of 135 of its employees in Spain, for reasons related to the economy, productivity, and organization. This process will affect the centres in Sant Cugat del Vallès, Palau de Plegamans, Alcobendas, Seville, the Canary Islands, Malaga, Bilbao and Murcia. This measure also includes the shutting down of centres in Malaga, Bilbao and Murcia. In 2008, Indo relocated part of its production. See: http://www.eurofound.europa.eu/emcc/erm/factsheets/11367

Sources

Citation

Eurofound (2009), Indo, Internal restructuring in Spain, factsheet number 68553, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68553.