After weeks of negotiating with the unions, Primark, the Irish low-cost fashion chain, has submitted temporary employment regulation files (ERTE) in the communities where the closure of its stores has been decreed within the restrictions approved to stop the second wave of the pandemic. They are Catalonia, Asturias, Castilla Leon and Andalusia.
This measure, has pointed out a spokesperson for the chain, “It is of a temporary nature”, it affects all the employees of the stores in the aforementioned communities and will end when they can reopen. Primark plans to pay a non-salary supplement to improve the unemployment benefit, up to 80% of the monthly fixed salary.
“Nothing matters to us more than the safety and well-being of our employees and customers and according to the guidelines of the authorities, some Primark stores in Catalonia, Asturias, Castilla y Leon and Andalusia are closed“, said the aforementioned spokesman.
Primark It has more than 45 establishments in Spain throughout the national territory and a workforce of more than 7,000 employees. At the beginning, the Irish chain raised an ERTE for organizational and production reasons (ETOP) that finally did not go ahead, as it did not reach an agreement with the unions.
The chain, which belongs to the Associated British Foods (AB Foods) group, had a profit of 402 million euros in its fiscal year (completed in September), 60% less than in the same period last year. Invoicing fell by 24% (6,545 million euros) precisely due to the impact of the pandemic on its activity.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
