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 Via Stalls And Markets Or Other 47.91 - Retail sale via mail order houses or via Internet
200 - 250 jobs Number of planned job losses
2,000 jobs Number of planned job creations
Announcement Date
8 March 2018
Employment effect (start)
8 March 2018
Foreseen end date
31 December 2018
Description
The German online retailer Zalando announced it will cut 200 to 250 jobs in its marketing department in Berlin. Zalando intends to introduce more algorithms, which will replace the work humans did in the past. Affected employees will be offered jobs in different departments or a cancellation agreement.
Despite these cuts, Zalando also plans to create 2,000 new jobs in Germany this year. Hiring will mainly take place in Berlin — the exact distribution of positions, however, has yet to be announced. Zalando is actively looking for new developers and data analysts, to be able to adapt to the marketing of the future.
Currently, Zalando has 15,000 employees worldwide.
Sources
8 March 2018: Die Zeit (online)
8 March 2018: Finanznachrichten (online)
Citation
Eurofound (2018), Zalando, Business expansion in Germany, factsheet number 93572, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93572.
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