Type
Internal restructuring
Country
Spain
Region
Noreste; Aragón; Zaragoza
Location of affected unit(s)
Zaragoza
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.19 - Other retail sale in non-specialised stores
European Globalisation Fund (EGF)
Year: 2010, Case number: 16

295 jobs
Number of planned job losses
Job loss
Announcement Date
30 June 2009
Employment effect (start)
1 September 2009
Foreseen end date
31 December 2009

Description

Spanish supermarket chain Galerias Primero and the trade unions agreed on a downsizing plan for 295 employees, FETICO trade union informed the media. Trade unions UGT and FAGSA will ratify the plan today (30.06.09), while CCOO is expected to give its approval on July 2. The staff-cutting plan will affect employees from the retailer's 74 stores, situated in Aragon. The dismissed workers will receive a gross monthy salary for every year of service with the company. Galerias Primero will give up to 18 months' salaries, worth not more than EUR 60,000.


Sources

Citation

Eurofound (2009), Galerías Primero, Internal restructuring in Spain, factsheet number 69568, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69568.