EMCC European Monitoring Centre on Change

Adif

Company/Organisation:
Adif

Geographic Location

Country: Spain

Company

Sector: Transportation / storage
Transportation and storage
49.1 - Passenger rail transport, interurban
Number Employed: 15000

Employment Effects

Announcement Date: 28-12-2013
Planned Job Reductions min: 250
Planned Job Reductions max: 250
Type of Restructuring: Internal restructuring
Foreseen End Date: 30-06-2014

Additional Information

Public railways company Adif is to cut 250 workplaces until 30 June 2014. This follows the agreement of a redundancy procedure (ERE) reached with unions 28 December.

According to the agreement, dismissed workers are to receive severance payments equal to 20 days per year worked up to a maximum of 12 months.  This rate will be higher for workers aged 59 to 62 years.

Workers volunteering for the ERE have until 17 March to notify the management.

Adif is one of the two companies in which the government divided the Renfe Consortium after the liberalization of the railways sector in 2005. On 31 December 2013, Adif will furthermore be divided in two companies: Adif and Adif alta velocidad. Adif alta velocidad will start its activity with 236 employees coming from Adif.