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La empresa decidió aprobar un ERTE para reducir costes.
The company decided to approve a temporary layoff plan to cut costs.
To officially authorize a Temporary Employment Regulation File (ERTE), a legal mechanism in Spain allowing companies to temporarily suspend or reduce workers' contracts due to economic, technical, organizational, or production-related reasons.
El gobierno aprobó un ERTE para sectores afectados por la pandemia.
The government approved a temporary layoff plan for sectors affected by the pandemic.
ERTEs are regulated by Spanish labor laws and require approval from labor authorities. They are often used during economic crises or force majeure situations.
ERTEs are distinct from permanent layoffs (ERE) and must be justified by temporary circumstances.
ERTEs require negotiation with workers' representatives and approval from labor authorities.
ERTE is an acronym for 'Expediente de Regulación Temporal de Empleo', a Spanish legal term.
ERTEs are commonly used during economic downturns or crises to protect companies from bankruptcy while preserving jobs for future recovery.