Mass pursuit waste wait as Kaiser’s stores to close
Starting subsequent week owners Karl-Erivan Haub will find buyers for a sequence of branches in a North Rhine area, as good as for beef factories in Viersen, Donauwörth and Perwenitz.
The association will afterwards cruise a options for a network of branches in Berlin and Munich.
Negotiations to save a association had been going on for weeks, as Edeka, Germany’s largest supermarket sequence had sought to buy a smaller firm.
But a pierce was blocked after opposition Rewe complained to a Federal Office opposite Cartels, and won a box opposite a take over.
Rewe was also concerned in new talks on saving Kaiser’s Tengelmann, though refused to repel a complaint.
The association has around 15,000 employees national in 400 branches.
Haub has now educated association bosses to enter negotiations in redundancies.
“Unfortunately we have to assume that for many of a branches no customer will be found,” pronounced Haub. “Therefore a vast series of employees should design to remove their jobs.”
Employee member during a association reacted with startle during a disaster of negotiations to sell a company.
“It’s like I’ve been struck over a head,” pronounced Rainer Schroers, worker classification conduct in North Rhine-Westphalia. “This is a fear scenario.”
Article source: https://www.thelocal.de/20161014/mass-job-losses-await-as-kaisers-supermarkets-to-close