the store chain Tiger do not earn enough money, and therefore, the company has set in motion a sparerunde, to rectify the results.
This means that 40 employees at the headquarters receive a fyreseddel. It informs the company in a press release.
Tigerkæden have in recent years opened a store every third day, and now has almost 1000 stores in 30 countries.
The rapid growing pains, however, not to continue. There should be more focus on earning money in the existing shops, says ceo Mette Maix.
– in Order to prepare the company for the future we need to ensure that our impressive growth and improvements in the bottom line, why we now need to slim down the organization, she says in a press release.
On the Tigers head office will in future be overall 75 fewer employees.
That figure is higher than 40 due to the company already at the end of last year failed to retake empty positions at the head office. In addition, the shift in leadership at the beginning of January.
Tiger has not yet published accounts for the year 2018, but Mette Maix says that the profits have not been well enough.
In 2017, the company earned about four million kroner out of a turnover of over five billion crowns.
Mette Maix highlights the fact that customers are excited about the Tiger concept, and that there will be more and more loyal customers.
the Flying Tiger was founded in 1988 by Lennart Lajboschitz under the name of Zebra, and in 1995 opened the first Tiger store in Copenhagen.
Since it is gone blow in blow with the store openings, and in 2012, sold the founder, the chain to the private equity fund EQT for 1.5 billion crowns.
He was in the leadership until 2015, but is still a part of the board of directors in the day and owns 29 percent of the shares.
