Some of those affected by the Kika/Leiner insolvency want to switch industries and need a basic solution with longer training to support them, GPA chief Barbara Teiber said Monday. She appealed to the federal government not to allow taxpayers to sign up for such a foundation, but to approach former Kika/Leiner owner Rene Benko, who “apparently made a good deal with Signa”.
You should also take the new owners Frank Albert and Hermann Wieser at their word, who announced in a letter to employees that they would set up an emergency fund. The money could be used to set up a foundation, Teiber continued.
In principle, it is not yet clear who will be fired in the branches. Therefore, the employees must be careful not to terminate their employment prematurely, otherwise they could lose claims – something from the old severance package – warns the GPA boss. “You really have to wait and see who actually gets hit” and then “do everything you can to protect your colleagues”. There should be transitional periods for those about to retire.
Source: Krone

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