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Debenhams to cut 2,500 jobs

The Debenhams department store chain is to cut 2,500 jobs within its store and distribution operations as it looks to reduce costs amid the coronavirus pandemic. The news follows the retailer’s previous… View Article

DEPARTMENT STORES

Debenhams to cut 2,500 jobs

The Debenhams department store chain is to cut 2,500 jobs within its store and distribution operations as it looks to reduce costs amid the coronavirus pandemic.

The news follows the retailer’s previous announcement of 1,000 losses back in May when it said it would be closing five stores.

In this latest round, job cuts will mainly come from store management roles and some positions such a sales manager, visual merchandise manager and selling support manager will no longer exist.

In a statement, Debenhams said 124 shops have now reopened following the Covid-19  lockdown and are trading ahead of expectations. However, the company still needs to cut costs due to its trading environment being a long way from returning to normal.

Debenhams added: “Such difficult decisions are being taken by many retailers right now, and we will continue to take all necessary steps to give Debenhams every chance of a viable future.

“We have to ensure our store costs are aligned with realistic expectations.”

 

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