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 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
677 jobs Number of planned job losses
135 jobs Number of planned job creations
Announcement Date
14 January 2020
Employment effect (start)
1 April 2020
Foreseen end date
31 December 2020
Description
Auchan has announced to the social and economic committees (the new form of works councils) of three entities of the group, a draft voluntary redundancy plan that aims to cut 677 positions. This concerns the 'head office' and 'product' functions of Auchan Retail and of Auchan Retail France as well as positions within the French sales organisation housed in another entity.
The management specifies that 135 new positions will be created in the new business lines of data management and digital, as well as in the design of own brand products. Therefore, the workforce will be reduced by 517 positions. Auchan has lost nearly €1 billion in 2018, due to complications realted to the sale of its Italian subsidiary.
French stores are not affected. But 21 have already been put up for sale. Greater autonomy must be given to store managers and department heads, who will have to welcome a local and responsible assortment in their outlets. Spaces taken from non-food departments could be able to accommodate local producers. The current management promises strong support measures for employees who choose to leave.
Eurofound (2020), Auchan Retail France, Internal restructuring in France, factsheet number 99641, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99641.
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.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
