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.
Media 59 - Motion picture, video and television programme production, sound recording and music publishing activities 59.1 - Motion picture, video and television programme activities 59.11 - Motion picture, video and television programme production activities
925 jobs Number of planned job losses
Announcement Date
4 December 2012
Employment effect (start)
Foreseen end date
Description
The regional television channel Telemadrid has applied for a Redundancy Procedure affecting 925 employees (almost 80% of its entire workforce).
The management argues that the workers council has shown little disposition to negotiate. Meanwhile, the workers council has called for a strike.
Sources
4 December 2012: El PaĆs
Citation
Eurofound (2012), Telemadrid, Internal restructuring in Spain, factsheet number 74603, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74603.