1,000 more jobs will be lost at John Lewis and Waitrose.
John Lewis and Waitrose have announced a further 1,000 job cuts across their locations, according to their parent company. The news comes just four months after the company announced the closure of eight shops, affecting 1,465 employees. A previous reorganization a year ago resulted in the closure of eight additional locations, resulting in the loss of 1,300 jobs.
The John Lewis Partnership (JLP) said Monday that its latest proposals will streamline its shop management structure.
It brings the total number of jobs lost in just over a year to almost 3,500, but it does not mean that any more stores will close.
“We have informed our [employees]of our plan to streamline our management structures at Waitrose and John Lewis stores, allowing us to reinvest in what matters most to our customers,” a spokesperson said.
The company has 331 Waitrose locations and 34 John Lewis stores across the UK, with a goal of saving £300 million per year by 2022.
Each John Lewis and Waitrose store will lose roughly three employees as a result of the proposals.
JLP also stated that it will assist employees who wish to remain with the company by assisting them in finding other positions.
It will also try to avoid forced redundancies by using voluntary redundancy and severance packages.
As the businesses struggle to recover from both the coronavirus epidemic and the transition to online shopping, employees, dubbed “partners,” have been told they should not anticipate a bonus until 2022-23.
Dame Sharon White, the partnership’s chairwoman, has stated that the crisis had “condensed a decade of changing shopping preferences into one year.”
Marks & Spencer, Boots, and Clarks are among the other big-name shops that have let off employees in the last year.
Because of the pandemic, more than 17,500 chain store outlets vanished from high streets, shopping malls, and retail parks across the country last year.
However, according to information produced by research firm Local Data Company for the accounting firm PwC, only 7,655 chain stores were opened.
PwC’s head of consumer markets, Lisa Hooker, had stated that she expected job losses and shop closures to continue throughout the year.
“The full extent will be exposed in the following months, as many [business restructures]and administrations in the early part of 2021, including department shops and fashion retailers, have yet to be captured,” she said.