The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Information And Communication Equipment In Specialised Stores 47.42 - Retail sale of telecommunications equipment in specialised stores
900 - 1,200 jobs Number of planned job losses
Announcement Date
30 April 2013
Employment effect (start)
1 May 2013
Foreseen end date
31 December 2014
Description
On 30 April 2013, The Phone House, a mobile phone retailer subsidiary of the US American Best Buy group announced the closure of all its 328 shops in France by 2014. This will result in the loss of up to 1,200 jobs. The group estimates that its economic model is not sustainable. Phone Houses’ management has announced that it will try to avoid forced dismissals and find solutions to reduce the number of positions to be cut. According to the unions, about 900 employees of a total of 1,200 are working in the shops.
On 22 November 2012, The Phone House announced a plan of closure of 79 of its stores and 246 job losses which finally was suspended in March 2013.
Sources
2 May 2013: Les Echos
30 April 2013: Le Monde
Citation
Eurofound (2013), The Phone House, Closure in France, factsheet number 75325, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75325.
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