Type
Internal restructuring
Country
Italy
Region
Location of affected unit(s)
Sector
(45 - 47) Wholesale / Retail
47 - Retail trade
47.1 - Non-specialised retail sale
47.11 - Non-specialised retail sale of predominately food, beverages or tobacco

406 jobs
Number of planned job losses
Job loss
Announcement Date
6 November 2004
Employment effect (start)
Foreseen end date

Description

The Italian subsidiary of the Austrian retail company Billa Ag, which is part of the German-owned Rewe group, announced a restructuring plan which will mainly affect its brand Standa, a chain of department stores, but also the Billa supermakets, though to a lesser extent. The reorganisation will involve some 400 redundancies and the possible closure of some 45 outlets. The trade unions called a strike to support their request to discuss the restructuring plan. The meetings between the company and the trade unions continued in December 2004.


Sources

  • 6 November 2004: Il Sole 24 Ore

Citation

Eurofound (2004), Billa Ag Italia, Internal restructuring in Italy, factsheet number 60966, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60966.