SOS Corporacion Alimentaria, the Spanish food group, has decided to keep a plant in the Canary Islands open – but workers elsewhere could be laid off temporarily instead.
The company confirmed today (16 June) that the seed oil facilities on the islands will remain open but, in a bid to save costs, has proposed plans to cut jobs on a temporary basis.
A spokesperson for SOS told just-food that “some employees wil stop working for a few months but will maintain their jobs”.
Further details, including how many workers will be affected, will be disclosed tomorrow following talks with union representatives.
SOS has had a challenging year, including the dismissal of its chairman and CEO amid a share scandal.
The affair led SOS to run up EUR190m in losses and the company has been looking to sell its rice business.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData