John Lewis reveals plans to cut 1,000 jobs amid cost saving and management restructure – ToyNews



The John Lewis Partnership is planning to cut 1,000 jobs across its John Lewis and Waitrose stores in a move to simplify its management structures and cut costs.

The business’s owners have said they will aim to find new jobs for those losing their store management roles and would aim to reduce compulsory job cuts by offering voluntary redundancy to those affected.

The move, it has been reported, is a bid by John Lewis Partnership to simplify its management structures at Waitrose and John Lewis stores ‘by reducing the number of layers between the most senior leaders and non-management staff.’

The plan will also act to reduce costs by £300 million a year by 2022. The firm initiated cost saving plans after reporting its first full-year loss in March. This year also marked the first time in 67 years that annual staff bonus was not handed out.

The Retail Gazette reports that the proposals would result in around 1000 roles being made redundant across John Lewis and Waitrose. 

A JLP spokesperson said: “We have announced to our staff our intention to simplify our management structures in Waitrose and John Lewis stores, which will allow us to invest in what matters most to our customers.”

The group currently employs more than 80,000 people, but has in recent years closed a total of 16 John Lewis stores, including major stores in York, Peterborough, Sheffield, and Aberdeen, resulting in the loss of more than 2,500 jobs.

It is thought that the money saved from the redundancies could be used to reinvest in John Lewis and Waitrose store’s customer experience, frontline customer service and visual merchandising.

It’s been reported that the plan will also see the partnership invest around £800 million this year to fund growth through head office transformation, operational restructuring and making efficiencies.

John Lewis Partnership announced it was cutting a further 1,500 head office jobs in November last year. It has also axed one in three senior head office management posts as part of a reorganisation detailed back in 2019.



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