EMCC European Monitoring Centre on Change

Entreposto

Company/Organisation:
Entreposto

Geographic Location

Country: Portugal
Region: Continente

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
45 - Wholesale and retail trade and repair of motor vehicles and motorcycles
Number Employed: 1585
Group: Entreposto

Employment Effects

Announcement Date: 23-08-2003
Planned Job Reductions min: 250
Planned Job Reductions max: 250
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2003
Foreseen End Date: 01-08-2003
Direct Dismissals: 250

Additional Information

Since January of 2003, the Group Entreposto fired 250 workers through agreements of resignation, collective dismissal and not renewal of a fixed-term contract. The reason is the crisis of the sector automobile in Portugal.