Real-Insider warns that Around 10,000 jobs will be in danger

Metro-General works Council Chairman Werner Klockhaus had warned on Tuesday that the planned destruction of Real, almost one-third of the remaining 34 000 jobs

Ann McDonald
Ann McDonald
15 March 2020 Sunday 22:59
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Real-Insider warns that Around 10,000 jobs will be in danger
Metro-General works Council Chairman Werner Klockhaus had warned on Tuesday that the planned destruction of Real, almost one-third of the remaining 34 000 jobs in the Metro-daughter is at risk. "The Council expects that about 10 000 unemployed," he said. Alone in the course of the reorganization to the expected closure of 50 stores, some 6,000 jobs are threatened. A further 4000 jobs could be cut in the departments of the continuing businesses and the Central administration.Metro chief Olaf Koch does not expect, however, that the sale of the supermarket chain Real 10 000 positions in the subsidiaries are eliminated. "Now to be expressed through a number, according to my personal estimate is too high," said cook of the "economic week". Cook stressed that the group did in the sales conversations "for contractual arrangements, according to which the Real employee of the retail company will be solely employed more". Real will disappear from the market: self-service chain is of German-Russian consortium of More than 50 closures and 10,000 jobs at real risk. Photo: Oliver Berg/dpa, Metro wants to sell the 277 Real-markets in Germany as possible until the end of January to a consortium led by real estate investor and X-Bricks. The future owner, but want to operate only a small part of the Real markets even more. The majority will be sold to other retailers, such as Edeka or Kaufland more. Some locations will also be closed.Cook stressed that the group had agreed to all of the Real employees who lose, in spite of all the efforts made by operational termination of their jobs with the works Council already has a social security. Thus, the company's social responsibility will also be on the day of sale, in addition to meet. Real before the end? Why I chain Were going to miss the SB (comment) number of employees suffer from Back and Forth How to do it for Real? Federico Gambarini/dpa Klockhaus in the scheme, however, is only a stopgap measure. You should prevent, "the fact that the employees falling into a bottomless pit". Maximum will be 12 or 14 gross monthly salaries in severance pay. Given the low wages in the retail trade and the many part-time workers this was also in long years of service, not a large amount."For the Metro, a stepchild that has been neglected was Real, has always been," complained Klockhaus. The bill would have to now pay staff. Also of the policy, the Deal would have know so far, no help.Real is struggling with declining sales and red. For some time now, Metro is looking for a buyer for the retail chain. However, the sale process proved to be much more laborious than initially expected.
Updated: 15.03.2020 22:59