EMCC European Monitoring Centre on Change

Ficosa Electronics

Company/Organisation:
Ficosa Electronics

Geographic Location

Country: Spain
Location of affected unit(s): Catalonia

Company

Sector: Manufacturing
Manufacture of transport equipment
29.31 - Manufacture of electrical and electronic equipment for motor vehicles
Number Employed: 589
Group: Ficosa

Employment Effects

Announcement Date: 06-11-2012
Planned Job Reductions min: 259
Planned Job Reductions max: 259
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-12-2012
Foreseen End Date: 01-01-2013
Direct Dismissals: 259

Additional Information

The company Ficosa Electronics, specialized in the manufacture of automotive parts, has applied for a Redundancy Procedure affecting 259 employees.

On the other hand, Ficosa has stated that it will keep the remaining 330 workers of Ficosa Electronics once the subrogation agreement the company signed with Sony ends at the end of 2012. In addition, 56 workers left the company in September and October through the previous redundancy plan. The agreement with Sony allows for 45 days compensation per year worked for voluntary redundancies and for employees who will be out of work at the end of the subrogation.