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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52 - Warehousing and support activities for transportation
600 jobs Number of planned job losses
Announcement Date
5 August 2019
Employment effect (start)
1 September 2019
Foreseen end date
Description
Following the merger of the two department store chains Kaufhof and Karstadt, the logistics division of Galeria Kaufhof Karstadt will be completely restructured. The measure will affect a total of 160 positions. The number of logistics centers will be reduced to three (Cologne-Porz, Essen, Unna) whereas two logistics plants (Frechen, Erfurt) and four smaller regional distribution centers (Stuttgart, Würzburg, Hanover, Berlin) will be closed. Two distributions centers will be downsized ( Ditzenbach, Neuss). On the other hand, the new logistics concept entails a significant expansion of the center in Cologne-Porz.
In the future, about 180 department stores shall serve as hubs delivering products directly to the consumers. The works council and the trade union ver.di expect another major jobs cuts still to come.
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The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
