July 16, 2012 / 6:18 PM / 5 years ago

Karstadt to cut 2,000 jobs by end-2014

FRANKFURT, July 16 (Reuters) - German department store chain Karstadt said it planned to cut its administrative costs and slash 2,000 jobs by the end of 2014.

A statement late on Monday said the measures were part of restructuring actions.

Reporting By Marilyn Gerlach; Editing by Gerald E. McCormick

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below