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
2,400 jobs Number of planned job losses
319 jobs Number of planned job creations
Announcement Date
5 November 2024
Employment effect (start)
5 February 2025
Foreseen end date
Description
Auchan, the French multinational retailer, is cutting 2,049 jobs in a national internal restructuring due to economic difficulties following declines in sales and revenue. The restructuring will affect 784 out of 4,000 employees at its headquarters in Villeneuve-d'Ascq and Croix, which will be consolidated into a single site. Additionally, 915 store positions, primarily managerial roles, will be eliminated.
Additionally, the plan includes closing three storage facilities, impacting 224 employees, and ending home grocery deliveries. Four large stores, employing 266 workers in Clermont-Ferrand, Woippy (Moselle), Bar-le-Duc (Meuse), and Aurillac (Cantal), will also close. Six smaller neighbourhood stores will shut down, resulting in 200 job cuts. However, Auchan plans to create 319 new positions in central and logistical roles.
Auchan currently employs 53,000 people in France. Several prior restructurings were recorded ERM database, with, for instance, 124 job cuts in 2023 Auchan 2023 - FR. In 2020, the company underwent a similar restructuring, resulting in 1,475 job cuts and 977 job creations Auchan 2020 - FR.
Eurofound (2024), Auchan, Internal restructuring in France, factsheet number 201874, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201874.
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