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.
Vorsevi Qualitas, an engineering and construction consulting firm, will apply for a collective redundancy procedure (ERE) affecting 102 employees (70% of its entire workforce). As reported, dismissals are expected to take place between December 2014 and January 2015. The restructuring plan envisages the closure of the sites located in Malaga, Jaen, Extremadura and Granada, while the site in Seville will be the only one remaining with about 30 employees.
According to the sources, negotiations with the employees are currently taking place. The job reduction measure is considered necessary due to economic reasons with losses originating from the second 2008 semester. In 2012, Vorsevi Qualitas made redundant 63 people.
Eurofound (2014), Vorsevi Qualitas, Closure in Spain, factsheet number 77860, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77860.