Corsan-Corviam

Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering
163 jobs
Number of planned job losses
Job loss
Announcement Date
26 September 2012
Employment effect (start)
Foreseen end date

Description

The construction company Corsan-Corviam is in the process of applying for a Redundancy Procedure affecting 163 employees (12, 63% of its workforce).

As a consequence, the workers have called for an indefinite strike, which will start on the 3rd of October 2012. According to the unions, the company is offering compensation equal to 25 days per year worked. It is reported that the workers’ unions demand higher compensation because of the profit recorded by the company in the last years. The unions claim that the restructuring is taking place as a result of the recent labour reform in Spain.

Currently, the company and the unions are negotiating the measures.

Sources

  • 26 September 2012: Expansión

Citation

Eurofound (2012), Corsan-Corviam, Internal restructuring in Spain, factsheet number 74191, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74191.