Type
Internal restructuring
Country
Hungary
Region
Location of affected unit(s)
Budapest, Győr, Abony, Nagykáta, Nyergesújfalu, Törökszentmiklós, Hajdúböszörmény, Tatabánya, Tolna,Püspökladány, Sopron, Budaörs, Herceghalom, Gyál
Sector
Retail
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

194 - 578 jobs
Number of planned job losses
Job loss
Announcement Date
7 January 2015
Employment effect (start)
4 February 2015
Foreseen end date

Description

Tesco Hungary has closed 13 stores in Hungary in the following cities: Budapest, Győr, Abony, Nagykáta, Nyergesújfalu, Törökszentmiklós, Hajdúböszörmény, Tatabánya, Tolna,Püspökladány, Sopron. 566 jobs were affected; however, Tesco Hungary was able to offer alternative jobs for the majority of workers, so only 150 will be permanently dismissed due to the closures. There will also be  job cuts at the company's three logistics centres in Hungary (in Budaörs, Herceghalom, Gyál). In this case, 206 jobs will be affected, but the number of dismissals is only 44, as the company has internally redeployed many employees. 


Sources

  • 7 January 2015: MNO
  • 12 January 2015: Vs.hu
  • 28 January 2015: BBJ
  • 27 February 2015: HR Portal

Citation

Eurofound (2015), Tesco Magyarország, Internal restructuring in Hungary, factsheet number 78136, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78136.