play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
playlist_play chevron_left
chevron_left
  • cover play_arrow

    KL1 Radio Local Radio for West Norfolk

  • cover play_arrow

    EPISODE 35 OF THE FARMING SOCIAL HUB PODCAST

Local News

Waitrose and John Lewis propose to scrap 1,000 jobs

todayJuly 14, 2021 1

Background
share close

The John Lewis Partnership (JLP) has told staff it is proposing around 1,000 redundancies across its department stores and Waitrose supermarkets.

The company, which has a supermarket in Swaffham, said the shake-up will take place as part of a simplification of store management.

It comes after a raft of recent job cuts, which included the closure of eight John Lewis stores earlier this year.

Waitrose. Picture by Mark Westley
Waitrose. Picture by Mark Westley

The company currently operates 331 Waitrose stores and 34 John Lewis shops across the UK.

JLP has pushed forward with the raft of cuts in a bid to meet its target of £300 million in savings by 2022.

Earlier this month, the partnership announced plans to build 10,000 rental homes over the next few years in a bid to return to profit by diversifying its operations.

JLP added that it will support employees who wish to stay in the business in finding new roles and will seek to minimise compulsory redundancies through voluntary redundancy and severance options.

A John Lewis Partnership spokesman said: “We have announced to our partners our intention to simplify our management structures in Waitrose and John Lewis stores, which will allow us to reinvest in what matters most to our customers.”

Earlier this year, the retailer also said it expects its financials to get worse over the current financial year as it continues its shake-up and warned staff they are not expected to receive a bonus until 2022-23.



This news brought to you by the Lynn News, local and trusted, download the Lynn News app

Written by: admin

Rate it

Previous post

Local News

Police seize e-scooter worth £750 in The Walks park

Police have seized an e-scooter worth £750 after going through The Walks park in Lynn.The driver was reported for no insurance & licence.The use of this particular mode of transport has gained popularity in recent months, with Lynn police making several seizures. Currently there are no laws surrounding bicycles or regular scooters, but e-scooters, which are motorised, need to be insured before use.According to insurance provider LV e-scooters are currently […]

todayJuly 14, 2021


0%