Skip navigation

Gloucestershire Business News

Debenhams to cut 320 management jobs

Department store chain Debenhams has announced it is planning to axe around 320 management roles in its stores.

The retailer said it was part of a £10m cost-cutting plan, following its profits warning last month after a weak performance over the Christmas period, as reported by Sky.

The company said the changes will not mean any store closures. It said last year that 10 stores were under review for closure if they became unprofitable. Just last month, it closed two stores, affecting 87 workers.

Debenhams has identified significant cost savings by reducing the complexity of management roles in stores. The effect of this is around 320 roles, or 25 per cent of store management jobs, are at risk of redundancy.

The company is currently consulting with affected staff members and will seek redeployment where possible. It expects its new structure to be in place by the end of March.

It is the latest in a long line of restructuring as some of the UK's biggest name stores have struggled with falling sales and profits. Thousands of jobs face the axe at Tesco, Sainsbury's and Morrisons, while M&S is rolling out plans to close unprofitable stores.

Punchline says: We love our Debenhams store in the heart of the city. We hope the changes don't hit it too hard.

What do you think? Email mark@moosemarketingandpr.co.uk 

Subscribe to Punchline

Related Articles

Cyber team to protect businesses from on-line crime goes live Image

Cyber team to protect businesses from on-line crime goes live

A new range of cyber services has been launched bringing together the IT expertise of two of Gloucestershire’s emerging tech firms to help businesses arm themselves against cyber-crime.

Two-storey rooftop restaurant plans revealed Image

Two-storey rooftop restaurant plans revealed

Pictures have been released revealing ambitious plans to convert a major county building into a two-storey rooftop restaurant.

Well-known Cheltenham bar set to re-open Image

Well-known Cheltenham bar set to re-open

Back in March, the nightlife in Cheltenham suffered a blow with the sudden closure of a popular town centre party bar.

Warning: Major road upgrade on the way for Birdlip Image

Warning: Major road upgrade on the way for Birdlip

A popular route into Birdlip is being resurfaced from 30th August.

Copyright 2018 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.