1,000 German and 27 Belgian jobs misplaced at Media Markt and Saturn


Media Markt and Saturn proceed their cost-cutting course: within the German house market, 13 shops are closing, and 1,000 staff are dropping their jobs. The retailer can also be reducing some jobs in Belgium, however no Belgian retailers shall be closed. 

 

Saving on hire

Media Markt and Saturn have knowledgeable its German staff in a letter that 13 shops will shut by September and a few 1,000 jobs shall be minimize. That is reported by Lebensmittel Zeitung. The principle motive is digitalisation: e-commerce is rising and flourishing, whereas gross sales in bodily shops are declining. A typical development generated by the coronavirus pandemic. 

 

By lowering the scale of the shop community, dad or mum holding firm Ceconomy hopes to avoid wasting “significantly” on hire. Different shops will in all probability even be downsized sooner or later. In the meanwhile, Media Markt and Saturn nonetheless have 419 bodily retailers of their German house market. 

 

Centralised construction

In August final 12 months, the electronics retailer already introduced a large-scale worldwide reorganisation. CEO Düttmann desires to simplify the organisational construction and centralise extra in order that native branches have much less independence. Loss-making branches throughout Europe would even have to shut. It’s estimated that round 3,500 jobs had been in danger. It’s not but clear whether or not the 1,000 German jobs are included in that quantity.

 

In Belgium additionally, some jobs will disappear. It issues 9 jobs on the head workplace in Zellik and 18 jobs within the shops, advised spokeswoman Janick De Saedeleer to Belga. Nonetheless, no Belgian shops shall be closing, and the retailer hopes to keep away from redundancies.

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Media Markt and Saturn proceed their cost-cutting course: within the German house market, 13 shops are closing, and 1,000 staff are dropping their jobs. The retailer can also be reducing some jobs in Belgium, however no Belgian retailers shall be closed.    Saving on hire Media Markt and Saturn have knowledgeable its German staff in a letter that 13 shops will shut by September and a few 1,000 jobs shall be minimize. That is reported by Lebensmittel Zeitung. The principle motive is digitalisation: e-commerce is rising and flourishing, whereas gross sales in bodily shops are declining. A typical development generated by the coronavirus…



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