Internal restructuring
Continente; Norte; Grande Porto
Location of affected unit(s)
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49 - Land transport and transport via pipelines

300 jobs
Number of planned job losses
Job loss
Announcement Date
16 May 2014
Employment effect (start)
Foreseen end date
30 June 2014


Portuguese public transport operators, Metro do Porto and the bus and tram company STCP announced plans to cut 300 jobs. As reported, the joint administration of the two companies that merged in 2012 announced a job reduction plan affecting administrative and maintenance staff in STCP (250 jobs) and mainly technical staff (50 jobs) in Metro do Porto. According to the sources, the job cuts will take place by means of termination by mutual agreement of the parties.  

In 2012, 150 -190 job cuts were announced but the measure was postponed.  As mentioned, the restructuring is linked with a privatisation drive through concessions agreed under the mid-2011 EU/IMF bailout.


  • 16 May 2014: Público


Eurofound (2014), STCP and Metro Porto, Internal restructuring in Portugal, factsheet number 77070, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77070.