Redundancies multiply in a climate of uncertainty

Redundancies are beginning to spread like a virus among companies operating in Spain.

If this trend continues, we would end the year with more than 30,000 workers affected by collective redundancies, above the period from 2015, when our country began to show signs of recovering very slowly from the financial crisis. What is striking is that this was supposed to be the year in which Spain would lead growth in the European Union, with employment soaring and the unemployment rate on the way to a structural minimum.

"There is a contained attrition in companies that began with the coronavirus crisis and has been sustained on the basis of European funds or the ICO. But that income has been used up and now there has been an increase in inflation that has pushed up production costs," says Alberto Novoa, partner of RocaJunyent's Labour Law department and member of the National Association of Labour Lawyers (ASNALA).

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