Supermarket chain Carrefour Israel has told 200 of its employees to hold a hearing before being fired. The company, which has 4,000 employees, says this is a routine process after a professional assessment.
The layoffs at Carrefour come two weeks after the head of the chain’s employee committee, Eyal Eli, resigned from his position in order to be appointed vice president of human resources at the company, a position he will assume next week, on January 1.
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Electra Consumer Products, Carrefour Israel’s parent company, said in a statement: “The company routinely conducts professional assessments and job adjustments for its workforce, with the aim of improving service to its customers and elevating the shopping experience. All decisions are made in accordance with procedures.” And the law, while strictly maintaining workers’ rights, the company is proud to employ thousands of workers, including retirees and the disabled, and will continue to do so in the future.
In November 2023, as one of a series of simplification measures, around 80 people were laid off from Carrefour’s head office. At the same time, branches are opening at an accelerated pace. The chain, which has 116 branches, will open three new branches tomorrow: two in Raanana and one in Maccabim, and five next week: in Carmelia in Haifa; Jerusalem; bat yam; Herzliya; and Ashkelon, bringing the total number of branches to 124 by the end of the year.
These measures appear to improve the company’s results. Revenue in the third quarter of this year, which was an excellent quarter for the food retail sector overall, rose to NIS 890 million, and operating profit before other income and restructuring expenses rose 2.5 times to NIS 38.2 million.
During the first nine months of 2024, the company still recorded a net loss of NIS 46.2 million, but this represents a significant improvement on the loss of NIS 148 million recorded for the corresponding period in 2023.
Published by Globes, Israel Business News – en.globes.co.il – on December 25, 2024.
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