EMCC European Monitoring Centre on Change

Acerinox

Company/Organisation:
Acerinox

Geographic Location

Country: Spain
Region: Cádiz; Andalucía; Sur
Location of affected unit(s): Los Barrios

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.10 - Manufacture of basic iron and steel and of ferro-alloys
Number Employed: 2102

Employment Effects

Announcement Date: 22-07-2019
Planned Job Reductions min: 240
Type of Restructuring: Internal restructuring
Other Job Reduction Measures: 240

Additional Information

Stainless steel manufacturing company Acerinox announced a labour force adjustment for its site in Los Barrios (Cádiz). The company submitted to the works council a proposal that is planned to affect 330 workers, that is 15.69% of the existing workforce. The company argues that the restructuring is necessary to reduce labour costs, to adjust production costs and to compensate for the increase in wages in light of the new collective agreement. The measure is planned to be implemented with early retirement and voluntary redundancy schemes.

The announcement comes after the establishment in Los Barrios suffered a production drop due to the economic uncertainty of the steel sector worldwide.

 

Updated, 10/09/2019:

The company announced to the works council of its plant the implementation of a laborforce adjusment plan that will affect 300 workers, 30 less than the number announced in July. Trade unions reiterate that they will only accept early retirement as adjustment measures.

 

Updated 11/10/2019:

Employee representatives and the company have reached a pre-agreement reducing the initial collective dismissal plan to 240 affected employees. The plan includes an early retirement scheme for employees with 58 years of age or more and a voluntary redundancy scheme for the rest of affected employees.

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