Latest news and stories about job losses in Portugal for expats and residents.
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Glass is one of Marinha Grande's three main industrial sectors, and many factories have halted production. One company that manufactures glass for tabletops estimates losses running into millions of euros.
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The crisis in the restaurant sector cannot be resolved with financial aid: if there is excess supply, as appears to be the case, the only solution is to close down.
Banks and suppliers will have to write off around €18 million (equivalent to an 80% debt forgiveness) to help save Gato Preto, which is preparing to close ten of its 15 stores in Portugal (which will result in dozens of workers losing their jobs) and to cease all activity in ...
Yazaky Saltano in Ovar made 163 workers redundant on Friday. The Japanese company, which produces electrical and electronic components for the automotive sector, announced further redundancies this week after already dismissing more than 300 employees last summer.
Jerónimo Martins will close the 18 Hussel shops in Portugal, a chain specialising in the sale of chocolates, by 30 April 2026, “after sustained efforts to make the company viable”, the group said today.
The hospitality sector endured a bleak year, with activity down about 20% over the Christmas and New Year's Eve period — a fall that has accelerated business closures.
