Restructuring events
European Restructuring Monitor (ERM)
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.
British global retailer Tesco has announced that it will close 13 stores across Poland and cut up to 2,200 jobs through a collective dismissal programme. The programme will affect 13 unprofitable stores in Bytom, Chorzów, Gliwice, Hrubieszów, Jelenia Góra, Kalisz, Knurów, Piaseczno, Poznań, Sieradz, Strzelin, Września and Żory.
Tesco has been operating in Poland since 1992 and currently has about 400 stores in the country. In 2018, the company announced two restructuring programmes (in February and June) resulting in a closure of 21 stores and the reduction of 840 jobs.
Eurofound (2018), Tesco, Closure in Poland, factsheet number 94770, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94770.