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 Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale On A Fee Or Contract Basis 46.16 - Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
454 jobs Number of planned job losses
Announcement Date
5 April 2019
Employment effect (start)
5 April 2019
Foreseen end date
1 January 2021
Description
The German apparel manufacturer Gerry Weber confirmed the loss of 454 jobs in Germany due to internal restructuring. According to the company, 120 shops will be closed resulting in the loss of 300 employees. The remaining 154 jobs will be cut in the administration. The affected locations of the job reduction will be determined at a later point in time in cooperation with management and works council. The job reduction process will start as soon as possible and will be finished in 2021. The company will provide all affected employees with a social plan, including severance payments and transfer offers.
Overall, Gerry Weber will be closing 180 shops in Europe.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
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