Seat, Volkswagen's Spanish subsidiary, is planning the cut of 1,200 jobs in Martorell, in Catalonia, as part of an industrial reorganization plan which includes an investment of almost 5 billion euros in the next 10 years. (Ref. 070196)
According to the management, accepting a job cut is the sine qua non condition to set up the new investments planned by the car manufacturer. The 1,200 job cuts – that is 10% of the Martorell (near Barcelona) company’s current payroll, should correspond to incitements to leave, temporary leaves, and early retirements. According to the daily newspaper La Vanguardia, union leaders already discussed the plan during informal meetings with Seat’s management, but the agreement’s official negotiations
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