Tupperware’s operations in Belgium have formally collapsed.
As reported by HLN on January thirteenth, Tupperware’s US executives have given the go forward for chapter proceedings.
Tupperware’s Belgium chapter proceedings follows closure of a neighborhood manufacturing facility in Aalst few months in the past. Up till chapter approval, Tupperware had not issued a public assertion relating to the closure.
[US executives] have now given the inexperienced mild to dismantle the Belgian branches.
No dates are but identified in regards to the additional steps within the chapter. However the works council as we speak provides its approval to ask the courtroom to nominate a curator.
The quantity raised will likely be used to pay the severance funds of the 270 employees.
A few of Tupperware’s Belgian workers are reported to have labored on the manufacturing facility “for many years”.
A smaller Tupperware division inside Belgium, Tupperware Basic Companies”, can be shuttered.
For the workers of Tupperware Basic Companies … the scenario is even worse. The prospect that they’ll all obtain a full severance fee is slim. This was reported by the information company ‘Belga’ from union sources.
Tupperware Basic Companies is reported to have round fifty workers.
Tupperware filed for Chapter 11 chapter within the US in September 2024.
In October 2024, Tupperware was bought off to a gaggle of hedge funds identified for cost-cutting and maximizing earnings.