Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Holcim and Bridgestone contribute to further job losses in Spain

Thu 22th Nov 2012
Holcim and Bridgestone contribute to further job losses in Spain

Cement and building materials maker Holcim will cut almost a third of its workforce in Spain following a slump in the country's building market, according to the Swiss press.

The Swiss company will cut 295 jobs from its 1,053 workforce in Spain by the end of the year after its cement sales fell by a third in the first three-quarters of the year, says the report to be published Thursday.

Holcim will also reduce the size of its management and sales departments while cement plants could close, says the report.

No one at Holcim was immediately available for comment.

In a further blow to the country's workforce, elsewhere today the CCOO and UGT unions have organised a protest march (to take place today) and 2 hour strike (to take place on Nov 25th) at the 2 Bridgestone Tyres factories in Bilbao and Burgos.

The action follows the announcement that the company will cut 442 jobs from its 3'544 strong Spanish workforce due to falling production.

The news of these 737 job losses follows yesterday's news that French carmaker Renault could create up to 1'300 jobs at its factory in Palencia.

Comment on this Story

The Unions have missed a trick here : Surely these new Renault Cars will all need tyres when they come off the production line ??
Tyler - Thu, 22nd Nov 2012

Related Partners

Recommended Items

Related Articles

Related Blogs