Tegut in Waiblingen: close branches, 120 jobs in danger!

Tegut in Waiblingen: close branches, 120 jobs in danger!

Waiblingen, Deutschland - tegut, a food chain based in Fulda, is forced to close numerous branches due to persistent economic difficulties and to reduce jobs. The business has been writing red numbers for several years, which has caused the Swiss parent company Migros to have a comprehensive renovation program. In this context, the closure of about a tenth of the 340 branches is announced, including the location in Waiblingen on the corner of Fronackerstraße/Albert-Roller-Straße. The closure of the fresh food counter already indicates this development, as the ZVW

The renovation measures include the reduction of 120 of a total of 7,700 jobs. These include central services in the Tegut headquarters in Fulda and logistics workplaces in Hünfeld-Michelsrombach. Migros also plans to sell more than 30 branches. The reason for these drastic measures lies in inadequate sales and profitability development, which forces Migros to stop a "negative trend" and to secure the future of Tegut, like hessenschau executed.

changes in corporate management

The changes in the corporate structure are also associated with a change in the management. Managing Director Thomas Gutberlet, who has been at the head of the company since 2009 and is also the grandson of the founder, leaves Tegut with immediate effect. Migros has already appointed a new management to advance the renovation process. The Verdi union has expressed its regret about the decisions and hopes to receive as many jobs as possible in the region.