24.04.2024 09:57:35 - dpa-AFX: Casino Guichard-Perrachon Expects Job Losses Between 1,293 And 3,267 From Transformation Plan
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Casino Guichard-Perrachon said the
company is embarking on a transformation plan aimed at aligning its organisation
with the Group's new scope, now refocused on convenience store networks, and
implementing a system for sharing know-how between banners and improving overall
efficiency. Its implementation would entail a maximum of between 1,293 and 3,267
job losses. The reorganisation plan provides for 1,293 net job losses within the
head office functions.
Also, Casino Guichard-Perrachon said there are plans to invest 1.2 billion euros
in store modernisation by 2028.
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