El Corte Inglés proposes a plan for voluntary layoffs for 3,000 employees

El Corte Inglés is preparing a personnel adjustment that will affect 3,000 jobs. The giant of the shopping centers has called the union representatives to have a meeting this Saturday and agree on an exit plan, such as Vozpópuli advanced and has confirmed elDiario.es. The decision was made this Friday by the company's board of directors within the new strategic plan that includes the expansion of the group's business so as not to depend only on shopping centers.
Large distribution employers propose a wage freeze for the 230,000 workers in the sector
Know more
The company chaired by Marta Álvarez will address this Saturday with the unions the "plan to reorganize the workforce", which will affect more than 4% of the employees, totaling 88,000 workers, with the "objective of adapting to new circumstances and adapt to the new current needs ".
Knowledgeable sources of the exit plan assure that the company's objective is for most of the adjustment to be achieved through an incentivized voluntary leave program in which all workers with fixed contracts can sign up. This plan is intended to affect 2,500 employees of shopping centers and 500 belonging to corporate services. Although both the final number of affected workers and the exit formula, because it is not ruled out that a part is through early retirement, is defined in the negotiating committee between the company management and the workers' representatives.
These dismissals are known only a few days after the National Association of Large Distribution Companies (Anged), which includes companies such as El Corte Inglés, Carrefour or Ikea, proposed to the unions a change of model based on wage freezing and deregulation of the working day, with the increase in work on Sundays and holidays, according to CCOO and Fetico, who have rejected this proposal.
El Corte Inglés had already announced the launch of new business lines such as the launch of a logistics company for third parties with the idea of getting a slice of the burgeoning e-commerce business. With the closure caused by the pandemic, the company achieved a "market share in the online food segment of 86% during the closing period, reaching 26.1% of the share." Figures that they want to continue promoting since, for example, they claim to be the second in online fashion sales with a 10% share behind Inditex and they are also second in electronics, after Mediar Markt, with a 22% share.
This business expansion strategy includes the creation of the services subsidiary Sicor, to enter the security, maintenance and cleaning businesses - the company bought the private security company Mega2 from a former director - and the framework agreement for the development of new commercial initiatives that closed a month ago with the Masmovil Group, ranging from the free incorporation of the home delivery service for operator users to the development of a new alarm model.