Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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.
Eurofound (2012), Super Olé, Internal restructuring in Spain, factsheet number 73413, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73413.