Cemex compensation/relocation plan

643 Cemex is reported to be offering employees in Spain who are affected by its labour force adjustment plan compensation to the value of 25 days’ pay per year worked, up to a maximum of 15 months, and relocation abroad (France, Mexico, Colombia and Germany).

It is also reported that the company will not consider early retirement packages for employees aged over 57 nor will it consider a temporary labour force plan for 12 months.