INYPSA

Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Professional Services
71 - Architectural and engineering activities; technical testing and analysis
71.1 - Architectural and engineering activities and related technical consultancy
71.12 - Engineering activities and related technical consultancy
48 jobs
Number of planned job losses
Job loss
Announcement Date
12 July 2013
Employment effect (start)
Foreseen end date

Description

The Spanish engineering and consultancy company INYPSA will apply for a redundancy procedure affecting 48 employees (around 22% of its entire workforce in Spain). As announced the measure is due to the current domestic economic situation. Most of the job cuts are expected to take place in the company’s headquarters.

Last year the company implemented a restructuring plan with temporary dismissals and a modification of the working conditions. 

Sources

  • 12 July 2013: Europapress

Citation

Eurofound (2013), INYPSA, Internal restructuring in Spain, factsheet number 75685, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75685.