German retailer Metro Group has announced plans to bundle its accounting functions into centres in India, Poland and Germany.
A company spokesperson told just-food today (28 January) that the group’s management board gave the go-ahead to start negotiations for the move on 25 January.
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It said it wants to further improve quality standards in accounting through “group harmonised processes, and take account of the growing internationalisation of its business activity”.
The decision follows a feasibility study commissioned last year, which showed that Metro Group would be able to work more efficiently if it bundled its accounting processes and systems in the Shared Service Centres.
The company added that the move will shift its accounting processes to Eastern Europe and Asia, regions where the group is “currently operating most of its stores”.
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While the company did not reveal the total number of jobs that would be impacted, earlier company estimates said that up to 400 jobs might be shifted abroad.
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By GlobalData
