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 Wholesale Trade, Except Of Motor Vehicles And Motorcycles Non-Specialised Wholesale Trade 46.9 - Non-specialised wholesale trade
900 jobs Number of planned job losses
Announcement Date
18 July 2012
Employment effect (start)
Foreseen end date
31 December 2015
Description
On 17 July Metro, a German wholesale and retail company, announced its restructuring progamme that will involve the cutting of 900 posts worldwide by 2015.
Job cuts will affect the administrative department - at the Düsseldorf headquarter 200 out of 3,000 administrative jobs are at risk, jobs at Metro Properties, at Metro Logistics and at Metro Services (IT). Currently, these divisions employ 11,000 staff. In Düsseldorf, jobs will be shed by natural fluctuation.
There is no more precise information on the global job cuts available yet.
Sources
17 July 2012: Handelsblatt
Citation
Eurofound (2012), Metro, Internal restructuring in World, factsheet number 73907, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73907.
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