Carrefour Italia has reached an agreement with unions that will reportedly prevent the closure of two hypermarkets in the Piedmont region.
The agreement, signed in Bologna, minimises the impact of a restructuring plan announced by the retailer earlier this year, by introducing incentives for workers leaving the company on a voluntary basis, reports Italian daily La Repubblica.
The two hypermarkets in question, in Trofarello and Borgomanero, will be converted into a new discount sales format.
Carrefour Italia expressed its 'satisfaction' with the agreement, bringing to an end negotiations that started in early 2017 with the unions. The starting point was the company’s restructuring plans for 32 of the 57 hypermarkets in Italy, with the intention of cutting 500 jobs and several stores.
The Piedmont region, with 167 job losses and closure of two stores, was the Italian region most affected by the plan.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: The European Supermarket Magazine