October 19, 2020

Alcoa presents an ERE for 524 workers and announces that it will stop production at the San Cibrao plant


The multinational Alcoa confirms the collective dismissal of 524 employees at its aluminum production plant in San Cibrao, Lugo, and announces that it will stop the heart of the factory, the electrolysis tanks in which the metal is obtained. The decision comes after four months of negotiations – since the announcement of the employment regulation file – with the works council, the Ministry of Industry and the Xunta de Galicia and despite the fact that there is a purchase offer by Liberty House that does not it was accepted by the multinational.

The Government orders a report from the State Advocacy to take control of Alcoa

The Government orders a report from the State Advocacy to take control of Alcoa

Know more

Faced with this scenario, the central government is taking the first steps to take control of the plant and it has commissioned a report from the State Bar to explore the possibilities of an intervention or for the State Society of Industrial Participations (SEPI) to assume the property and then sell it to a third party. This option was one of those that the Ministry of Industry offered during the negotiation period between Alcoa and Liberty but was rejected. Both the central government, the Xunta and the works council accused Alcoa of negotiating “in bad faith.”

Two weeks after the end of those talks, Alcoa has made the decision to present the ERE and also to hibernate the production vats in an orderly manner until the first quarter of 2021.

.



Source link