Business · Companies · 17 hrs ago

Migros plans to merge 10 regional cooperatives into one

Migros plans to merge 10 regional cooperatives into one

Migros plans to combine its 10 regional cooperatives under one cooperative, alongside its supermarket company and national organization.

Chief executive Mario Irminger and board chair Ursula Nold are expected to present the reorganization plans next week.

The change would replace separate regional and national management structures with one central leadership and six supermarket regions.

Regional ties would remain, and about 2.3 million cooperative members would still elect delegates.

The reported savings estimate is 300 million to 400 million francs, while around 3,000 jobs could be affected, mainly in back-office roles.

Store workers are expected to be less affected, and Migros plans to add supermarkets and modernize existing stores.

Regional cooperative votes need a two-thirds majority for the restructuring to proceed.

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