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In recent weeks, the wave of massive layoffs announced by technology companies has left no stone unturned. Google, Amazon, Microsoft, Meta, Twitter, Spotify... It is difficult to think of a tech giant that has been saved from the layoffs , and the visible proof is that more than 190,000 workers around the world have lost their jobs . Spain is no stranger to the storm. As much as the economy is resisting the inflation crisis and the consequences of the war in Ukraine better than others, the reality is that the wave of layoffs is already affecting the labor market in Spain , and not only in the technology sector. " We are already beginning to see plans for collective layoffs ," confirm sources from Uría Menéndez , in statements to Business Insider Spain . Large law firms have already begun to receive queries and requests from companies to benefit from Employment Regulation Files (ERE ) in Spain, and they detect an increase in layoff plans above usual, due to the economic situation.

Yes, we are seeing a rebound," confirms Pedro Llorente , advisor and lawyer specializing in Labor Law at Cuatrecasas : "since before Christmas we have already observed an increase in collective layoffs, and also in objective individual layoffs ." Llorente explains that it is normal that, at the end of the year, there are spikes in layoffs, regardless of the economic situation: "companies Asia Phone Number List usually make adjustments based on their budget; that is the general trend." However, it clarifies that the trend perceived since the end of 2022, and which is still maintained, is above what is considered usual . Spanish startups track LinkedIn to 'hunt' for talent that has just been fired at Glovo, Wallbox or Facebook: "It is no longer a stigma to say that you have been fired" Linkedin Without knowing the December data, the first 11 months of 2022 resulted in 21,290 workers affected by collective layoff plans in Spain, double the number of collective layoffs than in 2021 . "Especially since the end of 2022, we are noticing an increase in consultations regarding collective measures.



Not only in relation to layoffs, but also in relation to other internal flexibility measures, such as ERTE or substantial modifications to working conditions. "confirms Gregorio Nevado , partner of the Garrigues Labor Department . The increase in costs due to the price crisis, supply problems, the loss of household purchasing power (which will be greater after the increase in interest rates ), the slowdown of advanced economies, the threat of a recession, which darkens investor confidence...The cocktail of reasons is varied and lethal for many companies, already limping after the hit of COVID-19. The movements began months ago. Already in October, economists warned that companies were paralyzing investments and hiring, and offices warned of a possible spike in collective layoffs, as reported by Business Insider Spain . "Companies, at the first signs of crisis, begin to act preventively, reducing temporary labor. Thus, in some cases, they avoided carrying out more aggressive labor restructuring measures, such as collective layoffs," Pablo explained then.
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