John Lewis and Waitrose proprietor to chop 1,000 jobs in retailer administration shake-up | Enterprise Information

The proprietor of division retailer chain John Lewis and grocery store Waitrose is to chop round 1,000 jobs in a retailer administration shake-up.

John Lewis Partnership (JLP) stated it was following within the footsteps of rival retailers by simplifying administration constructions so it might reinvest in customer support and sprucing up its outlets.

It’s the newest blow to the workforce following the announcement of a sequence of John Lewis retailer closures within the wake of the pandemic, and means the partnership has introduced almost 4,000 job cuts within the area of simply over a 12 months.

Waitrose has 331 shops throughout the nation

Dame Sharon White, chair of the partnership, has moved to chop prices after the disaster accelerated the shift from bricks-and-mortar retailing to on-line.

The newest announcement impacts roles throughout JLP’s 34 John Lewis and 331 Waitrose shops however doesn’t imply any additional store closures.

JLP – which is owned by its staff, who’re referred to as “companions” – stated it might search to minimise obligatory redundancies together with serving to to seek out new roles for a few of these affected.

It stated that in Waitrose, most of the administration posts being axed will likely be changed by non-management roles.

A spokesperson for the partnership stated: “Now we have introduced to our companions our intention to simplify our administration constructions in Waitrose and John Lewis shops, which can permit us to reinvest in what issues most to our prospects.”

Earlier this 12 months, JLP reported a £517m annual loss after struggling what Dame Sharon described as an “financial earthquake” with its shops pressured to shut through the pandemic.

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COVID has been ‘financial earthquake’ – John Lewis boss

She famous that the disaster had seen “a decade of fixing purchasing habits concertinaed into one 12 months”.

The partnership has launched into a plan to chop annual prices by £300m by 2022.

Its once-generous workers bonus was scrapped this 12 months on account of the collapse in earnings – the primary time that there was no such pay-out since 1953.

Different retailers to have launched into administration shake-ups costing 1000’s of jobs over the previous few years embody Sainsbury’s, Morrisons and Tesco.

In March, JLP introduced the closure of eight John Lewis shops costing 1,465 jobs, including to the eight closures introduced in July final 12 months, leading to 1,300 job losses.

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