Internal restructuring
Location of affected unit(s)
various locations
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.51 - Retail sale of textiles in specialised stores

200 jobs
Number of planned job losses
Job loss
Announcement Date
5 May 2020
Employment effect (start)
5 May 2020
Foreseen end date


On 5 May 2020, clothing retail chain Gerry Weber announced workforce reduction by 200 positions. The restructuring is due to profit losses during the coronavirus crisis. The company, currently employing around 3,000 employees, completed its insolvency procedure at the beginning of 2020 and started to recover from the process when the COVID-19 outbreak hit Germany and stores had to be closed. The company states that it had lost around €100 million due to the closing of stores and did not expect to make up for this loss. Apart from job cuts, the company has also renegotiated deals with suppliers and business partners.

Currently, there is no new information on which locations will be affected and what is the timeline of the restructuring.



Eurofound (2020), Gerry Weber, Internal restructuring in Germany, factsheet number 100626, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100626.