EMCC European Monitoring Centre on Change

Galeria Logistik

Company/Organisation:
Galeria Logistik

Geographic Location

Country: Germany
Region: Offenbach, Landkreis; Darmstadt; Hessen
Location of affected unit(s): Dietzenbach

Company

Sector: Transportation / storage
Transportation and storage
52.1 - Warehousing and storage
Number Employed: 220
Group: Signa

Employment Effects

Announcement Date: 04-06-2020
Planned Job Reductions min: 220
Planned Job Reductions max: 220
Type of Restructuring: Bankruptcy
Employment Effect Start: 04-06-2020
Foreseen End Date: 01-10-2020
Other Job Reduction Measures: 220

Additional Information

Galeria Logistik, the logistics subsidiary of the German department chain Galeria Karstadt Kaufhof, will be closing its site in Dietzenbach in fall 2020 which will result in the loss of approximately 220 jobs. Due to the merger of Kaufhof and Karstadt it was expected that only 50 jobs would be cut at Dietzenbach in summer 2020. Consequently, social partners had already negotiated a social plan for those employees, while the remaining 170 employees only had guaranteed employment until the end of 2020. Due to the COVID-19 crisis, hopes for a continuation of business were shattered and because of the insolvency proceeding of Galeria Karstadt Kaufthof, terminations have been sent out with a reduced deadline of 3 months.