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
211 jobs Number of planned job losses
Announcement Date
2 September 2025
Employment effect (start)
2 September 2025
Foreseen end date
31 December 2025
Description
Yoox has announced 211 redundancies affecting 1,091 Italian employees, with 160 positions cut in Bologna and additional reductions in Milan. The e-commerce giant, owned by LuxExperience since May 2025, cited revenue decline of €191 million and cumulative losses exceeding €2 billion over two years as reasons for the restructuring.
Trade unions Filcams, Fisascat, and Uiltucs have demanded immediate withdrawal of the dismissal procedure, criticizing the company for failing to comply with legal obligations regarding advance crisis communications. The unions noted that Yoox Net-à-Porter refuses to use social safety nets, classifying redundancies as structural and definitive.
Additionally, 40 employees face transfer from Landriano (Pavia) to Milan. Union representatives condemned the decision to burden workers with restructuring costs just months after LuxExperience's acquisition, calling for institutional involvement from the Labor Ministry and affected regions
Eurofound (2025), Yoox, Merger/Acquisition in Italy, factsheet number 203277, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203277.
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