EMCC European Monitoring Centre on Change

Lauak Aerostructures Setúbal

Company/Organisation:
Lauak Aerostructures Setúbal

Geographic Location

Country: Portugal
Region: Península de Setúbal; Lisboa; Continente
Location of affected unit(s): Setúbal

Company

Sector: Manufacturing
Manufacture of transport equipment
30.30 - Manufacture of air and spacecraft and related machinery
Number Employed: 531
Group: Lauak

Employment Effects

Announcement Date: 05-06-2020
Planned Job Reductions min: 161
Planned Job Reductions max: 195
Type of Restructuring: Internal restructuring
Employment Effect Start: 05-06-2020
Foreseen End Date: 15-07-2020

Additional Information

The manufacturer of aircraft machinery Lauak Aerostructures Setúbal announced a collective dismissal of 161 workers. These are 36 redundancies less than the initial announcement at the beginning of June 2020, mentioning 197 dismissals. The crisis caused by COVID-19 is the main reason given for this internal restructuring process. The pandemic led to the cancellation of orders by the main global producers - Boeing and Airbus, the main customers of the Lauak Group. The Group marks a 36% drop in turnover.

The redundancy programme will be carried out until July 15th and covers 20 professional categories: administrative, engineers, senior technicians, plating operators, logistics and reception. Performance evaluation; low academic or professional qualification, little experience in the function or less seniority were the criteria for selecting workers covered by collective redundancy.

Sources: