Renfe

Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.1 - Passenger rail transport, interurban
350 jobs
Number of planned job losses
Job loss
Announcement Date
22 December 2013
Employment effect (start)
Foreseen end date

Description

Renfe, the public company specialised in passenger and freight transport by railways, is to make 350 workers redundant.

Negotiations with worker representatives have not yet started.

Renfe will be divided in four companies on the 1st of January of 2014: Renfe travellers (8,900 employees), Renfe freight (1,700 employees), Renfe manufacture and maintenance (3,350 employees) and a new company specialized in renting railway material. On the other hand, 662 employees will remain in the current company.

At the same time, the railway company Adif also announced dismissals in Spain.

Sources

  • 22 December 2013: Expansión

Citation

Eurofound (2013), Renfe, Internal restructuring in Spain, factsheet number 76371, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76371.