EMCC European Monitoring Centre on Change

Haya Real Estate

Company/Organisation:
Haya Real Estate

Geographic Location

Country: Spain

Company

Sector: Real estate
Real estate activities
68.32 - Management of real estate on a fee or contract basis
Number Employed: 892
Group: Haya Real Estate

Employment Effects

Announcement Date: 07-04-2022
Planned Job Reductions min: 300
Planned Job Reductions max: 300
Type of Restructuring: Internal restructuring
Employment Effect Start: 07-04-2022
Direct Dismissals: 300

Additional Information

Haya Real Estate, a company specialised in the management of real estate, has announced the start of a new restructuring process for organisational and productive reasons. The number of employees affected has not yet been fixed, although some sources suggest a figure of up 300 people. In any case, the final figure will depend on the negotiation process with trade union representatives. The start of the process has to do with the recent loss of a key contract with SAREB for the company, coupled with a reduction of business margins in the sector as a whole. As of April 2022, it is unknown when the job loss will be implemented by. This new restructuring process is the second one for the company, since Haya Real estate was also involved in another restructuring process in 2020 (see Haya Real Estate2020 - ES).

 

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