Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

193 jobs
Number of planned job losses
Job loss
Announcement Date
26 October 2011
Employment effect (start)
27 October 2011
Foreseen end date

Description

Construction group Joca has presented a Redundancy Procedure affecting 193 workers. The measure will affect to workers at their enterprises "Joca Ingeniería" and Construcciones SA y Saconsa.

The measure is blamed on the drop of public tendering within the construction sector.


Sources

  • 26 October 2011: El Periódico Extremadura

Citation

Eurofound (2011), Joca, Internal restructuring in Spain, factsheet number 72651, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72651.