Makro Cuts Jobs, Closes Stores

Being self-employed I have a couple of cash’n’carry cards – one for Makro and another for Hyperama.

I noticed in one of the searches used to get to this site someone had searched for ‘ Makro Job Cuts ‘, and after a bit of searching it seems that this is correct. WalesOnline reports:

GIANT cash-and-carry retailer Makro is planning to axe 378 jobs with the closure of three UK superstores, the company said today.

Stores in Coventry, Wolverhampton and Swansea have all been earmarked for potential closure by the company.

The retailer is already in consultation with workers at all three stores regarding the plans.

“The store closure proposal, which is now subject to consultation with employees and representatives, will affect the 378 staff employed at these stores,** a spokeswoman for the company said.

She added that the closures were due to “difficult trading times and a need to reduce costs**.

On a purely selfish front, I’m glad my local Makro is safe. But I obviously feel for those people who will lose their jobs. Every day it seems like thousands more join the Dole Queue (for want of a better expression).

Edit 13 Feb 2009: In summary, Makro is NOT shutting down. It is likely to close its stores in Coventry, Wolverhampton, and Swansea and this will take place by 31 May 2009. I added this because I’m getting hits on search terms to do with Makro closing down completely, so obviously some people are worried.

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