Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

1,300 jobs
Number of planned job losses
Job loss
Announcement Date
10 January 2019
Employment effect (start)
1 February 2019
Foreseen end date
31 March 2019

Description

British global retailer Tesco has announced that it will cut up to 1,300 jobs through a collective dismissal programme. The programmme will affect 32 unprofitable stores, logistics centres and the company’s headquarters. According to Tesco, the decision was made due to economic reasons.

Tesco has been operating in Poland since 1992; as of January 2019, the company has about 380 stores and employs about 20,000 people across the country. In 2018, the company announced three restructuring programmes: in February (600 jobs lost), June (240 jobs lost), and August (2,200 jobs lost).


Sources

Citation

Eurofound (2019), Tesco, Internal restructuring in Poland, factsheet number 96592, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96592.