While Auchan Retail is negotiating the sale of the Russian stores, the company is also due to rationalise French assets. To accompany the reduction in retail space, the group intends to cut 2,389 jobs, including almost 1,000 in stores.
After the 3,000 job cuts announced by Casino in April, it is now the turn of Auchan Retail (Elo Group) to reduce its workforce. The company plans to cut 2,389 jobs, including 981 in stores. This represents 4.4% of the 54,000-strong workforce in France, according to La Lettre.
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