Internal restructuring
European Union
Location of affected unit(s)
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

3,000 jobs
Number of planned job losses
Job loss
Announcement Date
26 July 2011
Employment effect (start)
26 July 2011
Foreseen end date
31 December 2011


German chain of electronic retail stores Media-Saturn has announced to cut 3000 jobs until the end of 2011. The majority of the redundancies will take place through natural fluctuation of personnel.

The group Metro announced that its Media-Saturn division booked an operational loss of 44 million Euros during the second quarter of 2011. To counter the negative operational results, Media-Saturn is now investing strongly in e-retailing. By 2015, the group aims to become the main European online electronics retailer.


  • 27 July 2011: Welt


Eurofound (2011), Media-Saturn, Internal restructuring in European Union, factsheet number 72729, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72729.