EMCC European Monitoring Centre on Change

3 Suisses International

Company/Organisation:
3 Suisses International

Geographic Location

Country: France
Location of affected unit(s): All units

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

Employment Effects

Announcement Date: 28-04-2011
Planned Job Reductions min: 249
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-06-2011
Foreseen End Date: 31-12-2011
Direct Dismissals: 149
Other Job Reduction Measures: 100

Additional Information

French distance clothes retailer 3 Suisses International is to eliminate 249 jobs by the end of 2011. Some 149 job cuts will be implemented through direct dismissals and will result from the closure of 35 shops in France. The company has also announced a voluntary redundancy scheme open to 100 employees in the sales and marketing departments.

In February 2009, the company had already laid off 674 workers due to a decrease of mail orders and increase of online sales which needs less employees and investments.

3 Suisses International operates in 16 countries and employs around 8,500 people worldwide.