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.
The French multinational car manufacturer Renault is cutting out the night shift in their plants in Valladolid and Palencia (Castilla y León) due to economic and strategic causes, adapting the production to global market needs. This will mean the non-renewal of 1,400 temporary workers. Trade unions (CCOO nad UGT) have demanded thorough information about production and economic causes and also an exhaustive control of extra hours after the supression of the night shift to measure if non affected workers have to cover these hours. This job cut will also impact on employment figures of ancillary companies in the region.
Eurofound (2018), Renault, Internal restructuring in Spain, factsheet number 94181, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94181.