The day: renovation plan for Galeria Karstadt Kaufhof decided

After days of negotiations between the management and employee representatives, creditors and landlords, a restructuring plan for the battered department store chain Galeria Karstadt Kaufhof was decided. The works council is more than disappointed with the results.

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(Photo: picture alliance / dpa)

  • Communication is particularly criticized. Although it was heard that 62 branches of the department store chain were to be closed, there was no official confirmation of this. The management will only announce which locations will be affected tomorrow at the relevant locations.
  • "Tomorrow thousands of people will lose their jobs and the works councils are not prepared for it", criticizes the longstanding works council member and member of the negotiating body Iris Geiger in an interview with the ntv.
  • She reports of difficult conversations. "I've felt blackmailed here in the past few days," says Geiger, even though the works council has also had some success. For example, the 10 percent staff reduction from the table, as well as the flexibilization of working hours and the extension of the reorganization collective agreement until 2026.

. (tagsToTranslate) The (t) day (t) redevelopment plan (t) Galeria (t) Karstadt (t) Kaufhof