a billion euros paid to the owner family

a billion euros paid to the owner family
a billion euros paid to the owner family

Published on 30/11/2024 20:41

Updated on 30/11/2024 20:42

Reading time: 1min – video: 2min

Decathlon: one billion euros paid to the owner family
Decathlon is one of the companies that can win one of the gold medals from the profits from the Olympic Games, with a payment to shareholders of one billion euros in dividends. The unions are expressing their anger.
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Decathlon is one of the companies that can win one of the gold medals from the profits from the Paris Olympic Games, with a payment to shareholders of one billion euros in dividends. The unions are expressing their anger.

As the holidays approach, it's a gift that never fails. 1 billion euros in dividends will be paid to Decathlon shareholders. The unions say they are in shock because the working conditions of employees are deteriorating: “Not all employees who have been there for a long time and who have seniority necessarily get a raise. And finally we say to ourselves that we are making efforts, why? For shareholders and not for employees”explains a CFDT Décathlon delegate.

The brand assures that its employees will receive part of its dividends but the controversy is growing. Indeed, the company belongs to the Mulliez family, owner of dozens of brands in all sectors: from DIY to catering to mass distribution. Among the brands, Auchan which has just announced a major social plan.

Watch the full report in the video above.

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