The electrical retailer Gravis is closing all German branches in July. Find out what this means for customers and employees here.

The Apple retail chain Gravis is on the verge of collapse. As the parent company Freenet AG recently announced, the 37 locations of the renowned chain will “largely” close their doors from June 15th, as reported by “Heise Online”. An announcement can also be found on the official website of Freenet AG, but there is no detailed text here.

This decision does not come as a surprise, as hints about the impending end were made in March, although without giving an exact timetable. The closure affects both Gravis’ stationary stores and online trading.

Some “remaining work” should be completed by June 30th, primarily repairs to devices that are currently still in the Gravis service center. However, accepting repair orders will only be possible until May 15th. Despite going out of business, the company assures that all warranty claims will be fulfilled even after the closure. The details will be published on the website, which will remain online for the time being.

A social plan was drawn up for the affected employees, whose number could reach up to 400, which provides for individual severance payments. The amount of these severance payments is calculated taking into account various factors such as length of service and possible social benefits. In accordance with the applicable notice periods, layoffs should take place no earlier than June 30, 2024. Freenet emphasizes the importance of employees for Gravis and strives for a “socially acceptable solution”.

The original for this article “Gravis is closing all German branches in July” comes from chip.de.