Type
Internal restructuring
Country
Portugal
Region
Continente; Lisboa; Grande Lisboa
Location of affected unit(s)
Sector
Arts / Entertainment
Arts, Entertainment And Culture
Gambling And Betting Activities
92 - Gambling and betting activities

113 jobs
Number of planned job losses
Job loss
Announcement Date
7 January 2010
Employment effect (start)
1 April 2010
Foreseen end date

Description

Portuguese gaming operator Estoril Sol announced plans to dismiss 113 workers at its Estoril Casino on the outskirts of Lisbon, blaming the effects of the economic downturn in the gaming sector. The Casino said 'it had exhausted all possibilities to reduce costs through economies of scale' and the redundancies would cost about 6 million euros. The unions opposed the decision with a series of strikes.


Sources

  • 7 January 2010: tsf
  • 3 May 2010: Público

Citation

Eurofound (2010), Estoril Sol, Internal restructuring in Portugal, factsheet number 71447, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71447.