ITP will lay off 133 workers from two of its centers in Bizkaia | Companies

ITP Aero continues with its adjustment plan that will affect 600 employees, 15% of a workforce of 4,000 workers spread over five countries, 3,000 of them located in Spain. It had already anticipated that it would cut jobs at its Castings subsidiary (formerly PCB) and with facilities in Barakaldo and Sestao, both in Bizkaia.

The group announced this Tuesday to the ELA and LAB unions that it will lay off 133 professionals, 26% of a group of 505 employees. Before this Employment Regulation File (ERE), ITP Aero had not renewed the contracts of 155 temporary contracts in Castings and had carried out three other dismissals, according to the union centrals.

Castings, focused on the special foundry for aeronautical components, operates at 50% of its capacity due to the collapse of the aeronautical market. With few passenger flights due to the pandemic, airlines have suspended their fleet renewal plans.

ITP Aero, 100% owned by Rolls-Royce, has already started up two separate EREs for its Zamudio (Bizkaia) and Ajalvir and Alcobendas plants, both in Madrid. A total of 206 layoffs. The Basque plant loses 121 jobs, Ajalvir another 72 and Alcobendas 13.

The Rolls-Royce subsidiary has also launched a Temporary Employment Regulation File (ERTE) that will run until the end of 2021.

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