Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of cultural and recreational goods
47.61 - Retail sale of books

54 jobs
Number of planned job losses
Job loss
Announcement Date
28 November 2013
Employment effect (start)
Foreseen end date

Description

Bookshop chain Polare is to cut 54 FTE jobs. As announced, the restructuring affecting 75 employees, is due to the poor market and follows the recent merger of Selexyz and De Slegte that constituted the new company Polare. The timeline for the restructuring is not yet available.


Sources

  • 28 November 2013: Elsevier (online)
  • 28 November 2013: nu (online)

Citation

Eurofound (2013), Polare, Internal restructuring in Netherlands, factsheet number 76386, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76386.