Retailers Media markt and Saturn, the deletion of up to thousands of jobs in Germany. Of the jobs will disappear between now and the fall of 2022. In addition to the two stores, which are both under the parent company Ceconomy, fall, and 13 of the 419 sites in Germany. In a letter written by a press agency (DPA), however.
Media markt and Saturn announced in the summer of 2020, it is already heavily in its workforce, to cut costs. As possible by the reorganization of the 3,500 more of 47,000 jobs in the company. What are the implications for the estimated more than 4500 employees in the Netherlands, it was a form is not to decide right away.
on-Line sales to Media markt and Saturn is becoming more and more important, as they report in a letter to its employees. This shift is due to the coronapandemie will only accelerate, causing a physical branch to the importance of trade for the German retail business.
Due to the increasingly intense competition from online stores like Amazon reported Ceconomy all of the coronacrisis is less good results. The normal course of business as a result of the lockdowns and sit to Media markt and Saturn are in a number of European countries standing in the way. In april of last year, shot by the German government, Ceconomy to the rescue with a guarantee on loans of € 1.7 billion.
