UGT FICA

Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Other Services
Membership Organisations
Activities Of Membership Organisations
94.2 - Activities of trade unions
110 jobs
Number of planned job losses
Job loss
Announcement Date
16 September 2016
Employment effect (start)
Foreseen end date

Description

UGT FICA, the Federation of Industry of the General Workers Confederation (UGT) has presented a collective dismissal scheme for 110 employees, around 50% of their staff. UGT FICA offers a redundancy payment of 25 days per year worked with a maximum of 13 months. The scheme has been severely criticised by the employees. They consider that the trade union is actually applying the labour reform which it then opposes at the core of the strategy and activities of UGT.

Sources

  • 16 September 2016: El País
  • 19 September 2016: Cinco Días

Citation

Eurofound (2016), UGT FICA, Internal restructuring in Spain, factsheet number 88699, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88699.