Objective Dismissal Letter for Economic Reasons

An economic cause for objective dismissal, according to article 52.c) of the Workers' Statute, refers to the existence of current or foreseeable losses, or a persistent decrease in the level of income or sales over three consecutive quarters. This situation must affect the viability of the company.

In a dismissal for economic reasons, the worker is entitled to severance pay of twenty days' salary per year of service, with a maximum of twelve monthly payments, in accordance with article 53 of the Workers' Statute.

Yes, a fifteen-day notice is required, which must be communicated to the worker in writing, clearly and in detail explaining the economic reasons justifying the dismissal. This notice is regulated by article 53 of the Workers' Statute.

The company must provide the worker with all documentation supporting the economic reasons for the dismissal, such as balance sheets and income statements. Additionally, it must deliver the dismissal letter and calculate the corresponding severance pay.

Yes, the worker can challenge the objective dismissal for economic reasons before the competent social jurisdiction if they consider it unlawful. The challenge process is regulated by article 53 of the Workers' Statute.

The worker has the right to receive all documentation justifying the dismissal, to challenge it if they disagree, and to have the assistance of a legal or union representative during the process, as established by article 53 of the Workers' Statute.