UPS to lay off staff and restructure in Spain

UPS is planning to restructure its operations in Spain affecting 230 employees. UPS Spain has 1,300 employees, with the main outcome expected to be the closure of its Vallecas storage centre in Madrid, according to the Spanish newspaper Expansión.

UPS made a net loss of EUR 890,000 on turnover of EUR 169 million in Spain last year, the business newspaper wrote.

The restructuring aims at bringing UPS’ operations across several sites on to its installations in the district of Coslada in Madrid, which has recently been expanded.

The Vallecas storage center to be closed down has a workforce of around 180. In view of the expected layoffs, UPS Spain offered union representatives negotiations on the issues of early retirement and transfer to the facility in Coslada.

In total, UPS’ Spanish network has 140 customer service centres, 19 distribution centres, five logistics centres and 700 vehicles, according to the newspaper.