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.
Leon, Madrid, Salamanca, Cadiz, Barcelona, Zaragoza, Valencia and Murcia
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.78 - Other retail sale of new goods in specialised stores
99 jobs Number of planned job losses
Announcement Date
3 June 2013
Employment effect (start)
19 June 2013
Foreseen end date
Description
German perfume retailer chain Douglas has presented a labour force adjustment plan affecting 121 jobs. The company also plans to close a number of stores throughout Spain. The affected locations have not be indicated as yet. Douglas operates 80 stores in Spain.
Update, 19-06-2013: Douglas is to cut 99 jobs instead of the 121 previously announced. The restructuring is due to the lower demand and sales. The closure affects 9 sites (49 redundancies) in Leon, Madrid, Salamanca, Cadiz, Barcelona, Zaragoza, Valencia and Murcia, the central services (6 job cuts), various work centers (29 job cuts) and 15 employees who accepted volunteer redundancies.
Additionally, on the basis of individual agreements, 29 full-time workers accepted part-time contracts. The affected workers will be entitled to compensation
Sources
3 June 2013: Modaes.es
19 June 2013: Expansión
19 June 2012: Europa Press
Citation
Eurofound (2013), Douglas, Internal restructuring in Spain, factsheet number 75594, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75594.
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