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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.30 - Manufacture of communication equipment
135 jobs Number of planned job losses
Announcement Date
3 July 2013
Employment effect (start)
Foreseen end date
Description
German communication equipment manufacture Siemens is to apply a redundancy procedure affecting 135 employees (4% of its entire workforce in Spain). The measure is part of larger company plan for 2014 aiming to improve its competitiveness.
The company hopes to agree the measure with the unions. This is the second redundancy procedure that the company implements in less than one year. For information on previous restructurings see Siemens-ES2012 and Siemens-ES2003.
Sources
3 July 2013: El País
Citation
Eurofound (2013), Siemens, Internal restructuring in Spain, factsheet number 75617, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75617.
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