FRANKFURT Jan 20 German retailer Metro (MEOG.DE) plans to cut 15,000 jobs or about 5 percent of its global workforce by 2012 amid a broader restructuring programme, a source close to the company told Reuters on Tuesday.
"Job cuts of 15,000 can be expected by 2012 as a result of Shape," the source said.
Metro announced its restructuring programme -- called "Shape 2012" -- late on Monday. The programme aims to boost Metro's operating profit by 1.5 billion euros ($1.95 billion) by 2012.
The figure included already announced job cuts at Metro's Cash & Carry wholesale unit and those as a result of the disposal of several Real supermarkets, the source added.
Metro declined to comment.
(Reporting by Nikola Rotscheroth)