Company/Organisation:
Wiko
Geographic Location
Country:
France
Region:
Bouches-du-Rhône; Provence-Alpes-Côte d\'Azur; Méditerranée
Location of affected unit(s):
Marseille
Company
Sector:
Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
46.52 - Wholesale of electronic and telecommunications equipment and parts
Number Employed:
250
Group:
Tinno Mobile Technology Corp
Employment Effects
Announcement Date:
09-09-2019
Planned Job Reductions min:
90
Planned Job Reductions max:
90
Type of Restructuring:
Internal restructuring
Employment Effect Start:
10-09-2019
Foreseen End Date:
31-12-2019
Other Job Reduction Measures:
90
Additional Information
The telecommunications company Wiko, which sells mobile phones, has announced 90 jobs out of a total workforce of 250 based in Marseille (Bouches-du-Rhône). Departures take the form of a collective contractual termination. In the next few days, 90 people are expected to leave the company. The employees and management have agreed on a supra-legal indemnity of up to 11 months. The company explains it has to cope with Chinese companies' sharp competition .
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