Quelle

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Tourcoing (Nord), Orléans (Loiret)
Sector
Wholesale / Retail
47 - Retail trade
47.7 - Retail sale of other goods, except motor vehicles and motorcycles
47.71 - Retail sale of clothing
209 jobs
Number of planned job losses
Job loss
Announcement Date
1 December 2005
Employment effect (start)
Foreseen end date

Description

Quelle, the subsidiary of the German company KarstadtQuelle announced on 1 December 2005 a new redundancy programme. Management planned 209 suppressions out of its 955 workers. This measures concern the two sites of Tourcoing (30 losses) and Orléans (170 losses). Quelle had already suppressed 45 jobs in 2004 folliwing a fall of its turnover.

Sources

  • 1 December 2005: Les Echos

Citation

Eurofound (2005), Quelle, Internal restructuring in France, factsheet number 62754, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62754.