EMCC European Monitoring Centre on Change

Alma Market

Company/Organisation:
Alma Market

Geographic Location

Country: Poland

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
Number Employed: 3100

Employment Effects

Announcement Date: 07-11-2016
Planned Job Reductions min: 1704
Type of Restructuring: Bankruptcy
Employment Effect Start: 21-09-2016

Additional Information

Polish premium supermarket chain Alma Market has announced that it will cut 1,321 jobs via collective dismissal programme. The restructuring programme is associated with the company’s plans to shut down ten unprofitable shops across Poland and reduce the employment in the head office. The conditions of the programme are negotiated with the local trade union. Alma Market has also applied for bankruptcy as  the company is facing financial problems.

Alma Market was founded in 1995; currently, the company has 40 stores and employs 3,100 workers across the country.

Update 7/11/2016: Alma Market has announced that it will cut further 383 jobs via collective dismissal programme. The restructuring programme will be implemented in the company’s headquarters. The cuts are related to the closures of unprofitable shops which were announced in September 2016.