The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 15.2 - Manufacture of footwear 15.20 - Manufacture of footwear
150 jobs Number of planned job losses
Announcement Date
11 September 2025
Employment effect (start)
11 September 2025
Foreseen end date
31 December 2025
Description
Geox, the Italian footwear and apparel company, has announced plans to cut up to 150 jobs worldwide by the end of 2025.
The redundancies will affect multiple departments, including headquarters in Italy, but will exclude retail operations. The company is to cut about 110 positions across the country Geox 2025-IT.
Geox management confirmed ongoing discussions with unions through year-end to finalise voluntary exit modalities and evaluate social safety net activation, including potential unemployment benefits, solidarity contracts, and incentive bonuses to minimise workforce impact during the competitive market transition.
The cuts represent around 20% of its global workforce of 750 employees. The layoffs are part of Geox’s strategic plan, which aims to restore growth through efficiency measures, distribution network rationalisation, strengthened omnichannel models, and international partnerships, particularly in China.
Founded in 1995, Geox is known for its patented breathable footwear.
Eurofound (2025), Geox, Internal restructuring in World, factsheet number 203376, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203376.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
