Excessive-street retailer Wilko has begun a redundancy session with practically four,000 workers members because it reorganises its enterprise.
As much as 1,000 senior supervisor roles and a “important quantity” of customer support posts will likely be created below the plans, the agency mentioned.
The chain, whose headquarters is in Worksop, noticed pre-tax income fall 80% to £5.1m, within the yr as much as 28 January.
The GMB commerce union can also be being consulted over the adjustments.
The agency, which sells homeware and family items, has greater than 400 shops throughout the UK.
‘Not constructive outcomes’
Retail director Anthony Houghton mentioned the adjustments would assist it “keep related” to clients.
He added like-for-like gross sales had elevated “regardless of the difficult retail panorama”, however mentioned this was “not translating into constructive outcomes”.
Wilko’s transfer comes within the wake of different retailers additionally reviewing their practices.
Earlier this yr, Tesco mentioned it could cut 1,200 jobs at its headquarters, with 1,000 jobs additionally believed to be in danger at fellow grocery store giants Asda and Sainsbury’s.
Revealed at Fri, 11 Aug 2017 17:01:57 +0000