After another day of negotiations between workers from numerous bottling plants in Spain, and Coca-Cola Iberian Partners (CCIP),it has emerged that workers who are to be made redundant will receive an package of 30 days for every year with the company.
In a statement issued last December, CCIP said the restructuring aimed to integrate separate business structures, allowing the company to operate as a "more agile, efficient and competitive company." In addition, it said that "internal relocations or early retirements will be offered" in an attempt to reduce the overall amount of redundancies.
The restructure will see 750 workers laid off with a further 500 relocated.
Spanish national newspaper El Pais has reported that the 500 people who are being asked to move will receive relocation expenses of €5,000. The workers, many of whom have families, are being asked to move up to 75 miles.
The negotiations ended without a final agreement on terms between the two parties, but they will resume once again next week.
Last Sunday, Several thousand people have marched from a Coca-Cola bottling plant in a southwestern suburb to downtown Madrid in protest over Coca-Cola Iberian Partners (CCIP) plans to close four of its 11 plants, affecting 1,253 workers.
Employees, family members, trade unionists and sympathizers left the plant in Fuenlabrada and walked 15.5 miles (25 kilometers) on Sunday to Puerta del Sol square, giving away Pepsi cans and chanting "No to the closures."