Type
Internal restructuring
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Sector
Real Estate
Real Estate Activities
Real Estate Activities
68.32 - Management of real estate on a fee or contract basis

292 jobs
Number of planned job losses
Job loss
Announcement Date
10 February 2020
Employment effect (start)
Foreseen end date

Description

The credit and real estate management company Haya Real Estate has announced a workforce adjustment plan that will affect 292 employees. The company argues that the restructuring is due to economic reasons such as the reduction of services provided to its client Sareb, as well as organisational and productive reasons due to the digitalisation and automation of certain processes. The negotiation process between the company and unions will last until March 10. This process follows a workforce increase which took place in 2019 and brought the current number of employees to 1,125.


Sources

Citation

Eurofound (2020), Haya Real Estate, Internal restructuring in Spain, factsheet number 99818, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99818.