Restructuring events
European Restructuring Monitor (ERM)
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.
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.
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