Swedish clothing chain H&asdfssdfsmp;M plans to lay off 800 employees in Germany. A spokesman for the company said this was equivalent to 5% of its employees in Germany. H&asdfssdfsmp;M is trying to achieve layoffs through a volunteer program to avoid laying off employees due to operational problems. The company said that if the number of volunteers in the program is insufficient, other social factors will be considered in the decision to severance.
According to the “BusinessInsider” economic magazine, H&asdfssdfsmp;M management’s suggestions for the volunteer plan mainly focus on employees taking parental leave, that is, young mothers . The company targets store employees with too little turnover as the first targets for layoffs, especially those who are unable or unwilling to work shifts during peak business hours such as evenings or weekends, which has also put young parents at the center of the incident.
The Verdi union criticized H&asdfssdfsmp;M’s plan. The principle of equality in business means that women participate equally in the restructuring process of H&asdfssdfsmp;M. Quinto, who is in charge of the retail trade industry sector of the union, said that companies have a responsibility to assist working mothers to work in a family-friendly way, rather than taking advantage of their weakness of double burden, This may make his life worrying.
The new crown crisis has also severely damaged the fashion giant. From December 2019 to December 2020, H&asdfssdfsmp;M Group’s global net sales fell by 18%, approximately 187 billion Swedish kronor (approximately 18.3 billion euros). The group had announced in October that it would streamline its stores. </p
