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.
Cruiser firm Pullmantur is to dismiss 114 employees in Spain. This amounts to 53% of its entire workforce.
More than 90% of the staff has supported the company’s redundancy procedure (ERE).
Dismissed workers will receive compensation equal to 40 days per year worked, up to a maximum of 24 months.
The company stated that it plans to help dismissed workers with finding re-employment. Forced redundancies may be avoided via voluntary departures.
Eurofound (2013), Pullmantur, Internal restructuring in Spain, factsheet number 76279, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76279.