CapCapital proposes 20% workforce cut, five-year wage freeze for Tubos Reunidos

CapCapital's Green Industry Machines & Materials division, one of five potential investors selected for the sale process of Tubos Reunidos, met with labor unions to outline its industrial project, proposing a 20% workforce reduction across plants in Trapagarán, Amurrio and Nanclares alongside a five-year wage freeze.

Detected & updated continuously · Source: Nebula