Internal restructuring
Location of affected unit(s)
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

80 - 123 jobs
Number of planned job losses
Job loss
Announcement Date
29 June 2020
Employment effect (start)
29 June 2020
Foreseen end date


After tough negotiations with the union GPA-djp, textile retailer Huber finally settled on 80 job cuts. Initially, the company planned to cut 123 positions. The retailer is currently undergoing a restructuring procedure, as it has faced insolvency. In May 2020, the company could not pay out the monthly salaries, one of the measures put in place to support employees was to provide receive debt advice services.

Huber runs 63 stores all over Austria. At the moment, it is unclear how many of them will be shut down. 

The Huber Holding AG is fully owned by the Chinese Benger Brands. Huber has a total of 900 employees worldwide, 450 of them in Austria. 



Eurofound (2020), Huber , Internal restructuring in Austria, factsheet number 101192, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101192.