BOSSES at John Lewis are planning to axe a number of branches, jobs and bonuses as it battles to surive. The cost-cutting drive was revealed in a letter to staff, according to the Evening Standard.…
John Lewis, which also includes Waitrose, has 80,000 staff.
At the beginning of the coronavirus crisis it warned that all of its 50 department stores were unlikely to reopen.According to The Standard the letter written by chairman Sharon White, said: “Regrettably, it is likely that there will implications for some Partners’ jobs. We are in active discussions with landlords about ending some leases and renegotiating others to make the terms more flexible.
A John Lewis spokesperson said: "The reality is that we have too much store space for the way people want to shop now and we have shared this with our Partners. "As difficult as it is, it is highly unlikely we will reopen all our John Lewis stores. However no decision has been made and any details would be shared with Partners first by the middle of July."Harveys staff told company had gone bust 'day after returning from furlough'TIME IS TICKINGWhen does the furlough scheme end in the UK?
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