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Wilko to cut over 400 jobs

Wilko is planning to cut over 400 jobs across it business in a bid to control costs. According to The Guardian, the cuts will span assistant… View Article

HOME AND DIY RETAIL NEWS

Wilko to cut over 400 jobs

Wilko is planning to cut over 400 jobs across it business in a bid to control costs.

According to The Guardian, the cuts will span assistant store manager, retail supervisor and head office manager roles, as well as call centre workers following a drop in sales.

The family owned business is also understood to be planning to reduce hours for team supervisors in 150 of its 401 stores, which will equate to around 150 full-time equivalent job losses.

The job cuts will also impact around 150 assistant store managers and approximately 95 contact centre workers in Worksop, where roles are being outsourced to a South African firm later this month.

Other areas affected will include dozens of head office management roles spanning commercial, retail operations, merchandising, finance and marketing.

Mark Jackson, chief executive of Wilko, told The Guardian: “We’ve identified significant changes to the Wilko operating model to enable us to stabilise the business and then thrive again. This includes some proposed changes to our management structure at both our stores and head office.

“We’re fully supporting affected individuals. We know the change will be unsettling tour team members and the wider business, and we’re acting swiftly to put in place the new organisation structure to stabilise and grow.”

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