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.
(46 - 47) Wholesale / Retail 47 - Retail trade 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.71 - Retail sale of clothing
150 jobs Number of planned job losses
Announcement Date
25 June 2025
Employment effect (start)
25 June 2025
Foreseen end date
Description
Primark, the Irish low-cost fashion retailer and parent company of Penneys, has announced that it plans to cut 150 jobs worldwide.
The majority of the proposed redundancies - about 100 roles - will be at the company’s international headquarters in Dublin Primark 2025-IE, representing approximately 7% of the 1,500 staff based there. The layoffs will also affect employees in the UK and the United States. The job losses are in HR, finance and procurement and are part of a plan to move support functions to a third party based in Mumbai, India. A collective consultation process has begun, and the company has stated it will work to support affected employees.
Primark, headquartered in Dublin (Republic of Ireland), was founded in 1969. The chain has over 450 stores in 17 countries. Primark employs over 82,000 people.
Eurofound (2025), Primark , Outsourcing in World, factsheet number 203083, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203083.
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