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
200 - 340 jobs Number of planned job losses
Announcement Date
26 August 2014
Employment effect (start)
1 September 2014
Foreseen end date
31 December 2014
Description
The wholesale group Makro (part of the German Metro group) confirmed earlier union announcements that up to 340 jobs will be cut before the end of 2014. Makro currently employs 4100 employees in 17 establishments. The plan is to cut 15-20 jobs in each establishment. Unions have criticized the measures, especially that a large group of current employees will have to apply for a job to remain in service (the so-called musical chair method). The wholesale chain is coping with the difficult economic circumstances, and aims to make the organization more efficient through this restructuring.
Sources
27 August 2014: NRC Handelsblad
26 August 2014: Nu.nl
Citation
Eurofound (2014), Makro, Internal restructuring in Netherlands, factsheet number 77664, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77664.
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