The closure of more than a third of the Galeria, Karstadt-Kaufhof branches is, according to the company’s management, the only way to save the company.
“We know what this means for the affected employees. But this step is without Alternative, because these stores threaten the total existence of the company,“ said the General Manager Arndt Geiwitz. Ultimately, it is going to save the company and thus many thousands of jobs.
The planning of the group’s and said, “first of all, 62 of 172 branches and two so-called bargain center”. No economic progress leadership perspective more, there is considering the impact of Corona-crisis Gliwice stressed.
a Minimum of 5000 Points at Galeria, Karstadt-Kaufhof are
are deleted Which of the branches affected, the employee should be notified, according to dpa-information on (this) Friday at 14.00. Two hours earlier, the managers should know the Details of the planning for the future. Due to the closure and further austerity measures at least 5000 of the 28,000 in the group should be eliminated.
The number of branch closures, however, are slightly lower than initially feared. Originally, management had signaled that in the Wake of the renovation of the EMS struggles to Survive the company, could be closed for up to 80 stores.
on Thursday evening, the company, the agreed total of the works Council and the trade Union Verdi on a social plan and a reconciliation of interests had. Part of the agreement, a transfer company for the employees to leave the company. In addition, collective agreements have been made arrangements for the employees that remain with the company.
The court-appointed administrator Frank Kebekus welcomed the agreement with the workers. Now, however, it had to be found in “a timely manner” a satisfactory solution with the landlords.
By closures due to Corona in severe crisis
The retail giant falling by the pandemic closure of all branches of the conditional into a severe crisis and had to look at the beginning of April the rescue in a protective shield procedure. Galeria, Karstadt, Kaufhof expects the pandemic and the triggered economic downturn until the end of 2022, with a loss of turnover of up to EUR 1.4 billion.
Also, in many communities, the announcement of the closure of branches should be expected with great anxiety. Norbert Portz by the German Association of towns and municipalities warned already known of the first closure plans in may before the risk of a degradation of many inner cities. “Galeria, Karstadt, Kaufhof is not just anyone. The Department stores are for many inner cities relevant to the system,“ he told the German press Agency. For many of the structurally weaker inner cities is to compensate for a loss of commodity houses according to his estimation, barely.
The trade Union Verdi warned at the time that a closure shaft, Galeria, Karstadt, Kaufhof will have an impact far beyond the boundaries of the company. In the medium term, tens of thousands of jobs in other retailers and the attractiveness of entire cities were threatened by this. Merkel is the AfD in the Bundestag with the one-liners emergence and garners loud applause, FOCUS Online/Wochit Merkel has AfD in the Bundestag with one-liners emergence and garners loud applause summer is turning it on: as long As the heat hammer PCP summer keeps on going: as long As the heat hammer
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