Type
Internal restructuring
Country
Portugal
Region
Continente; Norte; Ave
Location of affected unit(s)
Guimarães and Vizela
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.1 - Retail sale in non-specialised stores

130 jobs
Number of planned job losses
Job loss
Announcement Date
6 January 2015
Employment effect (start)
5 January 2015
Foreseen end date
5 January 2015

Description

Minipreço, a discount supermarket chain in Portugal, part of the Spanish Dia (which was formerly owned by the French supermarket company Carrefour) has dismissed 130 workers. On 5 January 2015, four supermarkets were closed resulting in 130 redundancies. The reason for the closures is the debt accumulation that resulted after a decline of profit margins. Workers blame the Spanish group 'Dia' for the raising of "profit margins for them." This is the second collective dismissal in Guimarães within one month.


Sources

  • 6 January 2015: Noticias ao minuto

Citation

Eurofound (2015), Minipreço, Internal restructuring in Portugal, factsheet number 78221, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78221.