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.
Nordrhein-Westfalen; Köln; Rheinisch-Bergischer Kreis
Location of affected unit(s)
Wermelskirchen
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.7 - Retail sale of other goods in specialised stores
150 jobs Number of planned job losses
Announcement Date
23 October 2022
Employment effect (start)
23 October 2022
Foreseen end date
Description
On 23 October 2022, RP online reported that the German multinational DIY market store chain Obi decided to cut 150 jobs. Jobs will be cut in its administration and logistics departments in Germany. Approximately 150 employees were presented with offers for leaving the company voluntarily. On request, a spokesperson of the company told the newspaper that OBI wants to restructure its business. A new business strategy had been developed: whilst the chain would put more empahsis on technology, other business areas were downsized. According to OBI, some 3.000 employees worked at its headquarters in Wermelskirchen and at its other logistic centres in Germany.
Eurofound (2022), Obi, Internal restructuring in Germany, factsheet number 107684, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107684.
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