Nordrhein-Westfalen; Detmold;
Location of affected unit(s)
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale On A Fee Or Contract Basis
46.15 - Agents involved in the sale of furniture, household goods, hardware and ironmongery

290 jobs
Number of planned job losses
Job loss
Announcement Date
21 December 2018
Employment effect (start)
1 January 2019
Foreseen end date
31 March 2019


The German wholesaler Krieger Handel, owner of the furniture retailer Finke since 1 November 2018, decided to close the Paderborn-based furniture store while renovating another one in Kassel and keeping two other stores. The closure was planned for June 2019 but was accelerated and anticipated to 31 March because a considerable number of workers have already quit their jobs after the announcement of the closure. Background is the favourable job market situation in the region of Paderborn.

The negotiations of a social plan with the works council ended  on 23 December; the social plan entails that those workers who stay until 31 March will receive their wages until 31 June. The closure will affect some 300 workers in total; the majority of the current 280 workers will loose their jobs by 31 March,  administrative staff will continue working until the end of 2019. 



Eurofound (2018), Finke, Closure in Germany, factsheet number 96311, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96311.