EMCC European Monitoring Centre on Change

Sportland LT

Company/Organisation:
Sportland LT

Geographic Location

Country: Lithuania
Region: Vilniaus apskritis; Lietuva
Location of affected unit(s): Vilnius

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.64 - Retail sale of sporting equipment in specialised stores
Number Employed: 373
Group: Sportland International Group

Employment Effects

Announcement Date: 15-03-2020
Planned Job Reductions min: 55
Type of Restructuring: Internal restructuring
Employment Effect Start: 15-03-2020
Foreseen End Date: 01-04-2020
Direct Dismissals: 55

Additional Information

Retailer Sportland LT selling sporting equipment in Lithuania dismissed around 55 employees in Vilnius in the period from 15 March 2020 to 1 April 2020. The number of employees in the company decreased from 373 to 318. The main cause of the dismissals is the quarantine regime in Lithuania. To control the spread of coronavirus (COVID-19), the Lithuanian Government declared quarantine on the entire territory of the Republic of Lithuania as of 16 March 2020.

Sportland LT belongs to the Sportland International Group which owns 80 stores in the Baltic States.

According to the Employment Service, since the beginning of the quarantine regime, the number of employees in Lithuania has already decreased by more than 8 thousand.

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