La Azulejera Tau

Type
Internal restructuring
Country
Spain
Region
Este; Comunitat Valenciana ; Castellón/Castelló
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.4 - Manufacture of other porcelain and ceramic products
23.45 - Manufacture of other ceramic products
57 jobs
Number of planned job losses
Job loss
Announcement Date
29 June 2011
Employment effect (start)
Foreseen end date

Description

Spanish glazed ceramic tiles firm La Azulejera Tau has presented a labour force adjustment plan affecting 57 employees. Negotiations with the unions are ongoing.

This is the fifth labour force adjustment plan since the start of the economic crisis. In total, the firm has so far reduced its workforce from 900 employees to only 370. La Azulejera Tau's turnover has fallen from EUR 12 mn (USD 179.73mn) in 2008 to EUR 79mn in 2010.

Sources

  • 29 June 2011: Levante emv.com

Citation

Eurofound (2011), La Azulejera Tau, Internal restructuring in Spain, factsheet number 72142, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72142.