EMCC European Monitoring Centre on Change

Oesía Networks

Company/Organisation:
Oesía Networks

Geographic Location

Country: Spain
Region: Vizcaya; País Vasco; Noreste

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 3500
Group: Oesía

Employment Effects

Announcement Date: 27-07-2011
Planned Job Reductions min: 400
Planned Job Reductions max: 400
Type of Restructuring: Internal restructuring
Direct Dismissals: 250
Other Job Reduction Measures: 150

Additional Information

Spanish IT company Oesia plans to reduce its workforce by 400 people (this headcount reduction accounts for 11% of the total workforce). 250 workers will be dismissed through the standard redundancy procedure (ERE) while another 150 workers on fixed-term contracts will not be renewed.