Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

875 jobs
Number of planned job losses
Job loss
Announcement Date
15 November 2013
Employment effect (start)
15 December 2013
Foreseen end date

Description

Spanish construction company FCC is planning to dismiss 1,267 employees. This amounts to 40% reduction of its entire workforce.

The company has now opened a one month negotiation period aiming to discuss the measure with the unions.

Earlier this year, the company had already dismissed 842 employees.

UPDATE 10/12/2014: FCC has proposed the unions to reduce the number of workers dismissed by 12%. Accordingly, the adjustment would affect 1,117 employees. Unions have not accepted the offer and called for a strike to be held on 10 December. 

UPDATE 16/12/2014: FCC and the unions have achieved an agreement which reduces the number of workers dismissed to 875. Dismissed workers will receive a compensation equal to 31 days per year worked.


Sources

  • 16 December 2013: Europa Press
  • 15 November 2013: RTVE
  • 9 December 2013: Expansión

Citation

Eurofound (2013), FCC, Internal restructuring in Spain, factsheet number 76233, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76233.