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.
Bimbo has dismissed 160 workers who had the status of economically dependent self-employment (TRADE) and were in charge of transportation activities in the following regions: the Basque Country region, Navarra, La Rioja and Argaón. Dismissed workers have carried out a demonstration demanding their re-admission and denouncing that 800 delivery workers could be dismissed in the following days. Dismissed workers report they were dismissed as a consequence of 14 strike days aiming to denounce the decrease in their turnover.
Bimbo bought the company Panrico 8 months ago and the restructuring measures are associated to this merger.
Eurofound (2017), Bimbo, Merger/Acquisition in Spain, factsheet number 90476, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90476.