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Makro stores on the verge of bankruptcy: more than a thousand jobs could be lost

  • Post category:Economy News
  • Reading time:2 mins read

The hundreds of Makro Cash & Carry Belgium workers who will lose their jobs due to the lack of a satisfactory takeover offer are in “a dramatic situation”, denounces the union common front on Friday, which demands clarity on their fate. be done as soon as possible.

Eleven Makro stores are on the verge of bankruptcy, which would lead to the loss of around 1,200 jobs, according to the group’s CEO. A bid from Dutch Sligro could save 500 Metro store workers. Unions are protesting the uncertainty facing staff.

“These are humans bruised by these years of guilt, tired by these numerous stimulus promises with lousy plans, exhausted from having been worn down by years of adaptation, professional rehabilitation and versatility”, summarizes the common front. Workers’ representatives denounce a process that lacked transparency.

“From the start, the legal representatives have told us that the social criterion will be a priority in their choice.

The common front is also angry with the management, which “limited social dialogue to the strict minimum” and to the CEO “who declares himself a candidate for a takeover of the most profitable piece of cake while he is at the origin of these commercial plans which could only deteriorate Makro’s image”.

The unions are therefore demanding that clarity be made as soon as possible and that “the delegated judge strongly reminds the legal representatives to a rigorous code of ethics”in a case that involves more than 2,000 workers in total.