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During the demonstration which had been called by UNI affiliate ver.di, representatives of the union, the works council and the company board jointly stressed that the company was a victim of the financial and economic crisis and therefore needed to receive a state guarantee to ensure its survival. "56.000 jobs are at stake" and " We are the heart of the city", was to be read on many banners.



The job of a shop assistant is as valuable as a job in any other industries. Karstadt managing director Stefan Herzberg stated that Arcandor was temporarily depended on financial assistance by the state since the house banks such as Commerzbank and Royal Bank of Scotland did not want to provide the necessary loans at this point in time. He underlined that Arcandor had a solid concept to overcome the crisis. Both the deputy chairwoman of ver.di, Margret Mönig Raane and the chair of the Karstadt general works council announced a continuation of the protests and actions.



More info: https://einzelhandel.verdi.de/unternehmen/arcandor_ag