EMCC European Monitoring Centre on Change

Wolseley

Company/Organisation:
Wolseley

Geographic Location

Country: European Union
Location of affected unit(s): France, UK

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
46.74 - Wholesale of hardware, plumbing and heating equipment and supplies
Number Employed: 44000

Employment Effects

Announcement Date: 26-03-2013
Planned Job Reductions min: 620
Planned Job Reductions max: 620
Type of Restructuring: Internal restructuring
Employment Effect Start: 26-03-2013

Additional Information

Swiss-based plumbing and heating distribution company Wolseley is currently anticipating 620 job reductions. As a result of acquiring 22 sites from its competitor Burdens, the company is planning to reduce its UK workforce by approximately 200 staff. Moreover, in an attempt to streamline its operations, Wolseley is planning to sell a major part of its French operations, selling 88 branches in the South of France and closing another 24. This move will result in a further reduction of its workforce by 400 staff. Wolseley is the world’s largest distributor of plumbing and heating products and currently employs around 44,000 staff globally.