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.
ABC Punto Radio will close at the end of February and all 136 employees will be dismissed.
The majority of the staff will get severance pay equal to 38 days' wages per year worked. Between 70% and 80% of staff earning less than EUR35,000 a year will receive an additional flat sum of EUR2,000.
Eurofound (2013), ABC Punto Radio, Closure in Spain, factsheet number 74886, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74886.