Schuitema slashes 140 jobs

Dutch supermarket group Schuitema is to slash some 140 jobs from its logistics division which employs a total of 640 people.

The move follows the sale of 58 stores to the Ahold group in April. In return, Ahold sold its 73% stake in Schuitema to British private equity firm CVC Capital Partners.
Schuitema operates the C1000 stores.

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