Overview

• Freixenet has filed for an ERE to lay off up to 180 employees, representing 24% of its workforce, as of April 24, 2025.
• The layoffs will affect Freixenet SA and Segura Viudas SAU divisions but exclude the commercial division.
• The decision follows a five-year drought in the Penedès region, which has reduced grape production by 45% since 2022 and increased raw material costs.
• Freixenet attributes the layoffs to a prolonged mismatch between reduced production capacity and market demand, despite the official declaration that the drought has ended.
• This marks Freixenet as the only major cava producer implementing permanent staff cuts directly linked to water scarcity.