The Gifi bazaar brand “interrupts” the social plan of its headquarters, 166 jobs temporarily preserved


This decision must allow the new chairman of the management board of the brand to “analyze the situation” before taking off in September. On the other hand, the closures of eleven stores are maintained.

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A GIFI store in Villeneuve-sur-Lot (Lot-et-Garonne), July 29, 2023. (Antoine Boureau / Hans Lucas / AFP)

A GIFI store in Villeneuve-sur-Lot (Lot-et-Garonne), July 29, 2023. (Antoine Boureau / Hans Lucas / AFP)

A little respite for Gifi employees. The store of stores decided to“interrupt” The social plan relating to 166 positions of its historic headquarters of Villeneuve-sur-Lot (Lot-et-Garonne), “By mutual agreement” With the CFDT, the majority union.

“This common decision will allow Mr. Christophe Mistou (Appointed Chairman of the Management Board in early July), When he took office as Chairman of the Management Board on September 1, to analyze the situation and build a target organization faithful to his vision “, wrote the brand in a statement on Wednesday July 23. GIFI specifies, however, that the other social plan relating to 11 stores dedicated to closing (116 posts) will go to its end.

“There will be no social plan, it is a good thing at least temporarily for 186 jobsreacted to AFP Pierre Laffore, representative of the CFDT. I do not know who exactly we owe, the CFDT and the management assume this correspondence. ” The date on the negotiations on the terms of the job safeguard plan at the headquarters was set on Friday, after being postponed several times.

This job safeguard plan (PSE) had been announced in early April by the group to recover after two years of losses, the first in its history started in 1981. In great Dififulted, Gifi initially wished to reduce its 5% workforce out of a total of 6,000 people in France, removing 186 posts out of 730 at the headquarters and 116 in stores intended for closure.

In January, the bazaar brand had torn financial support from its banks In view of a financial restructuring, which was to go through the implementation of new governance and allow it to ensure its future. In addition to competition from Action or Maxibazar stores, as well as Internet platforms such as the Chinese TEMU site, Gifi’s activity has been undermined by a change of computer system in 2023. The group, which achieved a turnover of 1.2 billion euros in 2024, has suffered losses for two years, the first since its creation.



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