Tél and Com

Type
Closure
Country
France
Region
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.4 - Retail sale of information and communication equipment in specialised stores
47.40 - Retail sale of information and communication equipment
755 jobs
Number of planned job losses
Job loss
Announcement Date
11 March 2015
Employment effect (start)
1 April 2015
Foreseen end date
31 August 2015

Description

Mobile phone retailer Tél and Com announced the closure of all its 150 shops in France. This will result in the loss of up to 755 jobs. The group considers its economic model to no longer be sustainable. In 2013 the Phone House France took the same decision and closed its shops with 1,200 job cuts.

Sources

  • 12 March 2015: Les Echos

Citation

Eurofound (2015), Tél and Com, Closure in France, factsheet number 83582, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83582.