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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.71 - Manufacture of bread; manufacture of fresh pastry goods and cakes
318 jobs Number of planned job losses
Announcement Date
3 May 2012
Employment effect (start)
3 May 2012
Foreseen end date
30 May 2012
Description
Spanish bakery products firm Panrico has announced a restructuring process leading to 318 redundancies in Spain. The restructuring includes a plant closure in Sevilla (Andalusia), where 197 employees will be made redundant and restructuring at the plants Paracuellos del Jarama (Madrid), Santa Perpètua de Mogoda (Barcelona), Puente Genil (Córdoba) and Zaragoza, where 121 employees will be affected.
The plant closure in Sevilla will see almost 100% of the workforce go, while some employees will be relocated to Panrico's plant in Cordoba (Andalusia). It is also known that workers of Santa Perpétua will be subjected to early retirement.
Redundancy Procedures have been agreed with the unions at all plants.
The redundancy measures are blamed on the current economic crisis.
Sources
15 May 2012: Cincodias
3 May 2012: Cincodias
Citation
Eurofound (2012), Panrico, Internal restructuring in Spain, factsheet number 73557, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73557.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
