Type
Merger/Acquisition
Country
Netherlands
Region
Location of affected unit(s)
Sector
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

500 - 600 jobs
Number of planned job losses
Job loss
Announcement Date
22 August 2012
Employment effect (start)
22 August 2012
Foreseen end date

Description

On 22 August, supermarket chain Jumbo announced a social plan affecting 500 to 600 employees. Reason for the redundancies is the integration of Jumbo and the C1000 chain, which was taken over by Jumbo.

Job losses will mainly take place at the head offices of Jumbo and C1000. The number of employees will be reduced from 1,300 to around 700.


Sources

  • 23 August 2012: Het Financieele Dagblad

Citation

Eurofound (2012), Jumbo, Merger/Acquisition in Netherlands, factsheet number 74040, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74040.