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.
Supermarket chain Tesco announced that it will implement a collective dismissal programme affecting 2,154 jobs. The redundancies will be carried out between 22 August and 31 October 2019 and will affect 1,923 rank-and-file employees and 231 managerial positions. The dismissals are caused by the decision to close Tesco's hypermarkets in Gliwice, Rzeszow, Tychy, Warsaw and Żary. The conditions of the programme will be negotiated with the local trade unions, and redundant workers will receive a severance pay. According to Tesco, the decision was taken due to economic reasons.
Tesco has been operating in Poland since 1992; the company has about 350 stores across the country and employs 22,000 people. In 2018, the company announced three restructuring programmes: in February (600 jobs cut), June (240 jobs cut), and August (2,200 jobs cut). In 2019, two restructuring programme were announced: in January 2019 (1,300 jobs cut) and June (1,480 jobs cut).
Eurofound (2019), Tesco, Closure in Poland, factsheet number 98292, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98292.