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From office to store
EL CORTE INGLES is transferring 2,324 office and administrative staff to its stores.
Last February, Spain’s leading department store chain announced that it would be taking this step to provide more support for its stores and shops “while addressing sales growth and improving customer care and service.”
A statement issued by El Corte Ingles explained that its agreement with the unions was based on maintaining employment and at the same time providing “voluntary severance” for the chain’s longest-serving employees.
Measures include an incentivised redundancy scheme for 630 employees who will be over 59 by June 30 this year, 40 more than was originally announced.
The agreement reached with the unions also improved the exit deal for employees who preferred to leave owing to the “substantial change” in their future roles.
That’s the spirit!
ON taking over as chief executive at Diageo, Debra Crew will be one of the few women at the head of an FTSE 100 company. Before her appointment as chief operating officer in October 2022, Crew was previously president of Diageo North America, overseeing the company’s largest market.
She joined Diageo in 2019 after heading tobacco firm Reynolds American, until it was acquired by British American Tobacco (BAT), having previously spent five years at PepsiCo.
Diageo, which makes Johnnie Walker, Guinness and Baileys and is the world’s biggest spirits manufacturer, employs 28,000 people globally and sells more than 200 brands in more than 180 markets.