Migros Supermarket AG To Cut 150 Jobs As It Streamlines Business

The move – aimed at implementing simplified processes, lean structures, and clear roles – will lead to the elimination of 150 full-time positions.

The job cuts will affect employees at the Limmatplatz location in Zurich and the company also indicated the possibility of layoffs.

“We want to be simpler and faster, that’s what we’ve geared the new organisation towards,” stated Peter Diethelm, CEO of Migros Supermarket AG.

“I am aware that dismissal is stressful and painful for the employees affected. It affects many valued and long-standing colleagues. It is important to me that we provide all affected employees with comprehensive and competent support in their professional reorientation,” Diethelm added.

Last year, the administration of the Federation of Migros Cooperatives (Migros-Genossenschafts-Bundes – MGB) decided to operate the supermarket business of Migros as an independent, centrally controlled company.

Support Plan

Migros has devised a national social plan with internal and external social partners to cushion the effects of dismissals as far as possible.

Employees affected by job cuts at Migros Supermarket AG will receive individual benefits that depend, among other things, on seniority and age.

In addition, it will offer support from HR and specialised external partners in searching for new positions within and outside of Migros.

ESM