632 workers unemployed with the closure of the Ecco factory

The closure of Ecco's Portuguese factory in Santa Maria da Feira will result in 632 job losses. Employees were informed during a meeting that production has already ceased, with a gradual shutdown expected to complete by early 2027. Workers will receive compensation above the legal minimum, and the company plans to support them during this transition. Ecco attributes the closure to a global restructuring, which will also affect its operations in Vietnam and lead to further job cuts in regional and global roles. The management expressed regret over the impact on employees and the local community, emphasizing their commitment to assist during this difficult time.