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.
Wholesale / Retail 47 - Retail trade 47.5 - Retail sale of other household equipment 47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods
160 jobs Number of planned job losses
Announcement Date
8 October 2013
Employment effect (start)
9 October 2013
Foreseen end date
16 October 2013
Description
As announced on 8 October 2013, Austria-based furnishing house chain XXXLutz will close its branch in Munich (Bavaria) and thus make 160 people redundant.
This is reported to be due to small warehousing space. The employees will be immediately released from duty.
Sources
8 October 2013: Süddeutsche (online)
Citation
Eurofound (2013), XXXLutz, Closure in Germany, factsheet number 75966, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75966.