NOS restructuring plan could mean redundancies
The Portuguese telecoms company NOS is forging ahead with a restructuring plan that could involve job losses. According to Bloomberg, the company is undergoing a change in organisational [...]
Portuguese broadcaster RTP plans to offer voluntary early retirement to 250 employees
The Portuguese broadcaster RTP plans to offer voluntary early retirement packages to 250 staff as part of a restructuring plan. But the plan can only go forward if the government gives the green [...]
Farfetch to close operations centre this month
Farfetch, the former Portuguese online luxury retail unicorn bought out by South Korea’s Coupang, is to wind up its operations centre in Matosinhos at the end of this month. The company had [...]
Mutares ponders mass redundancies in EFACEC company shakeup
The Portuguese transport and electrical systems company EFACEC is to close down business areas that are not profitable and consider mass redundancies. The company was sold by the government in [...]
Mobilising agendas consortiums lose companies
The President of Portugal’s enterprise association AEP has warned that several companies have left the consortiums leading cutting-edge modernisation and reconstruction projects deemed important [...]
Specialised, high-tech production key to attract highly qualified professionals
Portugal must channel EU structural funds to modernise its companies in specialised, high-tech production if it wants to attract highly qualified jobs and professionals to do them. This was the [...]
760 staff leave Millennium bcp
Some 80% of bank workers at one of Portugal’s largest commercial banks, Millennium bcp, have accepted an amicable recision agreement which will see 760 staff go as part of the company’s [...]
