Type
Internal restructuring
Country
Finland
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

230 jobs
Number of planned job losses
Job loss
Announcement Date
1 April 2009
Employment effect (start)
Foreseen end date

Description

Retail chain Suomen Lähikauppa in Finland is starting personnel negotiations to cut 230 jobs mainly from its Euromarket hypermarket chain.

The negotiations concern a total of 1,500 people at the company's head office and in the Euromarket chain. According to the company, the streamlining is necessary due to the weakened market situation. The negotiations do not concern the employees of the Siwa and Valintatalo supermarket chains.


Sources

  • 1 April 2009: www.hs.fi

Citation

Eurofound (2009), Euromarket, Internal restructuring in Finland, factsheet number 68958, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68958.