Restructuring events
European Restructuring Monitor (ERM)
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.
The British global retailer Tesco has announced that it will cut up to 1,480 jobs through a collective dismissal programme by the end of July 2019. The programme will affect 4 unprofitable stores (in Olsztyn, Ruda Śląska, Nowy Sącz and Starogard Gdański) and logistics centre in Komorniki. The company informed that the programme will affect up to 1,300 rank-and-file employees and 180 managerial positions. The conditions of the programme will be negotiated with the local trade unions, and redundant workers will receive a severance pay. According to Tesco, the decision was made due to economic reasons.
Tesco has been operating in Poland since 1992; the company has about 350 stores across the country and employs 22,000 people. In 2018, the company announced three restructuring programmes: in February (600 jobs lost), June (240 jobs lost), and August (2,200 jobs lost). In January 2019, the company cut 1,300 jobs at its units across Poland.
Eurofound (2019), Tesco Polska, Closure in Poland, factsheet number 97888, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97888.