Type
Internal restructuring
Country
Spain
Region
Sur;
Location of affected unit(s)
Almería, Granada and Murcia
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

101 jobs
Number of planned job losses
Job loss
Announcement Date
2 April 2012
Employment effect (start)
Foreseen end date

Description

Supermarket chain Grupo Olé has applied for a redundancy procedure affecting 101 employees in Almería, Granada and Murcia. The company will pay a compensation for dismissal equal to 20 days per year worked. The company has blamed the decision on economic causes and, in particular, a drop in turnover since 2008.


Sources

  • 2 April 2012: ABC

Citation

Eurofound (2012), Super Olé, Internal restructuring in Spain, factsheet number 73413, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73413.