{"id":167118,"date":"2020-08-11T12:57:00","date_gmt":"2020-08-11T11:57:00","guid":{"rendered":"https:\/\/theindustry.beauty\/debenhams-to-axe-2500-jobs\/"},"modified":"2022-01-13T09:42:24","modified_gmt":"2022-01-13T09:42:24","slug":"debenhams-to-axe-2500-jobs","status":"publish","type":"post","link":"https:\/\/theindustry.beauty\/debenhams-to-axe-2500-jobs\/","title":{"rendered":"Debenhams to cut 2,500 jobs across stores and warehouses"},"content":{"rendered":"\n

Debenhams<\/a> is to axe 2,500 jobs across its stores and warehouses as the retailer looks to slash costs<\/strong> after sales were impacted by the Coronavirus lockdown.<\/p>\n

The department store business is scrapping the roles of sales manager, visual merchandise manager and selling support manager<\/strong> as part of a management restructuring process.<\/p>\n

Debenhams also revealed it has no plans to shut more stores as part of the restructure.<\/strong><\/p>\n\n\n\n

The retailer confirmed that furloughed employees have been informed of the decision and will leave the company by the end of this week.<\/p>\n

The recent job slashes are part of Debenhams\u2019 plans to organise its store floor teams and cut costs as the COVID-19 pandemic continues to impact the business.<\/p>\n

The move comes four months after Debenhams was placed into administration for the second time in just over a year.<\/p>\n

Hundreds of jobs have already been lost at the retailer since the start of lockdown after it permanently shut 18 stores.<\/p>\n

In April, it hired administrators from FRP Advisory in a protective measure against creditors demanding their money.<\/p>\n

In May, the company revealed it would cut hundreds of jobs at its head office to help secure the company\u2019s finances.<\/strong><\/p>\n

A Debenhams spokesman said: \u201cWe have successfully reopened 124 stores, post-lockdown, and these are currently trading ahead of management expectations.\"<\/p>\n

\u201cAt the same time, the trading environment is clearly a long way from returning to normal and we have to ensure our store costs are aligned with realistic expectations.\"<\/p>\n

\u201cThose colleagues affected by redundancy have been informed and we are very grateful to them for their service and commitment to Debenhams.\"<\/p>\n

\u201cSuch difficult\u00a0decisions 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.\u201d<\/p>\n

Earlier this week, it was revealed that\u00a0Frasers Group\u00a0owner\u00a0Mike Ashley\u00a0is reportedly looking to\u00a0acquire up to 30 Debenhams stores.<\/a><\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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