Struggling high-street retailer, Debenhams is to remove a layer of back office management by March – losing one in four of its store managers.
The 320 job cuts are part of a £10million cost-saving plan, announced in January when the retailer issued a profit warning following poor Christmas trading – The Guardian reports.
* By registering you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products.
If you find yourself asked to register again, please make sure that your browser cookie is enabled.
We would like you to become part of Executive Grapevine and join one of the fastest growing and engaged online communities of Business Leaders and Entrepreneurs in the UK. Thousands of our readers, people just like you, have already registered with Executive Grapevine and we would like you to join in - its FREE!
However, an EU regulation coming our way means that to continue hearing from us, you will need to become a registered user. No matter the outcome of BREXIT, this regulation will apply to us while we remain in the UK and perhaps beyond.
Access across the Executive Grapevine site will continue to be free of charge once you register. You will also be able to join our other communities for:
- HR Professionals
Every reader we retain, is very important to us, and we would appreciate you taking the time to Register with us now.