CEO Carrefour demands lower wages in the retail sector: “Status quo is not an option”

The CEO of Carrefour Belgium calls for a reform of wages in the retail sector. Carrefour is struggling with a historical problem, writes ‘De Tijd’. It has to pay the highest wages in the industry. CEO Geoffroy Gersdorff makes no bones about it. The status quo is not an option. The fact that the CEO subtly mentions that he has no plans to privatize shops ‘today’ sounds more like a threat to do just that.

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