FX.co ★ Casino Guichard-Perrachon Expects Job Losses Between 1,293 And 3,267 From Transformation Plan

Casino Guichard-Perrachon announced their new strategic plan to reinvent the organization in accordance with the Group's modern focus, specifically towards convenience store chains. Part of this plan involves the introduction of a skill-sharing system aimed at improving general efficacy across the company. However, this plan will unfortunately result in job losses, ranging from an estimated 1,293 to 3,267 positions, with a guaranteed 1,293 of these being within office functions.

Furthermore, Casino Guichard-Perrachon is committed to advancing its stores, with plans to invest a significant 1.2 billion euros towards store updates and improvements by the year 2028.