EMCC European Monitoring Centre on Change

Tesco

Company/Organisation:
Tesco

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: 20000

Employment Effects

Announcement Date: 10-01-2019
Planned Job Reductions min: 1300
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-02-2019
Foreseen End Date: 31-03-2019

Additional Information

British global retailer Tesco has announced that it will cut up to 1,300 jobs through a collective dismissal programme. The programmme will affect 32 unprofitable stores, logistics centres and the company’s headquarters. According to Tesco, the decision was made due to economic reasons.

Tesco has been operating in Poland since 1992; as of January 2019, the company has about 380 stores and employs about 20,000 people across the country. In 2018, the company announced three restructuring programmes: in February (600 jobs lost), June (240 jobs lost), and August (2,200 jobs lost).

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