El Corte Inglés agrees with unions on the reordering plan for its central services

news March 2023 Press Release

What: El Corte Inglés and legal representatives have reached an agreement on the reorganization of its workforce as well as the incentive leave program which those over 59 may voluntarily benefit from. 

Why it is important: The measure aims to improve customer service, reinforcing the stores to meet positive sales performance. 

The modernization and development of processes and systems had led to an optimization of management models, which has translated into the need to reorganize the group’s central services to strengthen commercial establishments. 

The agreement is based on two premises: maintenance of employment and special voluntary termination treatment for those over the age of 59. Those who meet the requirements may join the redundancy plan voluntarily and under more favorable conditions. 

The reorganization plan foresees the transfer of employees from central and regional services to commercial establishments. It will affect a total of 2,100 employees, including 630 people over the age of 59.

IADS user
Forgot password?

New user? Activate your IADS account