The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial / Insurance/ Estate 68 - Real estate activities 68 - Real estate activities on a fee or contract basis 68.3 - 68 - Real estate activities on a fee or contract basis
160 jobs Number of planned job losses
Announcement Date
9 May 2008
Employment effect (start)
8 June 2008
Foreseen end date
31 December 2008
Description
On 9 May the real estate company Habitat announced a restructuring which will affect a total of 160 employees, 50% of its workforce. The company, 20% of which is owned by Ferrovial, has experienced losses foreseen to last until 2010.
Eurofound (2008), Habitat, Internal restructuring in Spain, factsheet number 66662, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66662.