The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
4,500 jobs Number of planned job losses
4,050 jobs Number of planned job creations
Announcement Date
12 April 2021
Employment effect (start)
Foreseen end date
Description
The Dutch retail company Jumbo has announced a restructuring of its supermarkets, causing 4,500 employees to lose their current position in the Netherlands.
The company expects to be able to find another position in the new organisation for at least 90% of those employees. Jumbo aims to keep employees on the same salary in the reorganisation. The restructuring plans should lead to a better service for Jumbo's customers. However, employee representatives suspect a cost-cutting motive behind the reorganisation and expressed their surprise about the timing of the reorganisation, as profits have gone up since the start of the pandemic emergency. Furthermore, some representatives denounced the plan to make redundant employees re-apply to find a position in the new organisation.
Eurofound (2021), Jumbo, Internal restructuring in Netherlands, factsheet number 104609, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104609.
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