Selfridges to make staff cuts in ‘efficiency restructure’

Selfridges
Department StoresFashionNews

Selfridges has unveiled plans to make staff cuts across some of its shops and head office.

According to This is Money, the department store’s managing director Andrew Keith informed workers changes would be made to some teams under an “efficiency restructure”.

In a letter seen by the news outlet, Keith told staff: “We’ve been reviewing how Head Office including some small teams in retail who support our stores are organised to best deliver for our customers.

“To do this involves looking at our structures, our costs, our revenue lines, and our ways of working, from top to bottom”.


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He continued: “Regrettably this is likely to mean some of our head office teams, including some small teams in retail who support our stores, will be resized and reshaped.”

The Selfridges’ boss also said the change was designed to “unlock better ways of working and offer the potential to deliver long term sustainable growth and profitability for our business”.

Employees will reportedly be told more about potential redundancies on Friday by the retailer’s people director Maria Glasscock.

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Department StoresFashionNews

1 Comment. Leave new

  • George 2 years ago

    That didn’t take long. They’ve only just been taken over.

    Reply

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Selfridges to make staff cuts in ‘efficiency restructure’

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Selfridges has unveiled plans to make staff cuts across some of its shops and head office.

According to This is Money, the department store’s managing director Andrew Keith informed workers changes would be made to some teams under an “efficiency restructure”.

In a letter seen by the news outlet, Keith told staff: “We’ve been reviewing how Head Office including some small teams in retail who support our stores are organised to best deliver for our customers.

“To do this involves looking at our structures, our costs, our revenue lines, and our ways of working, from top to bottom”.


Subscribe to Retail Gazette for free

Sign up here to get the latest news straight into your inbox each morning 


He continued: “Regrettably this is likely to mean some of our head office teams, including some small teams in retail who support our stores, will be resized and reshaped.”

The Selfridges’ boss also said the change was designed to “unlock better ways of working and offer the potential to deliver long term sustainable growth and profitability for our business”.

Employees will reportedly be told more about potential redundancies on Friday by the retailer’s people director Maria Glasscock.

Click here to sign up to Retail Gazette‘s free daily email newsletter

Department StoresFashionNews

1 Comment. Leave new

  • George 2 years ago

    That didn’t take long. They’ve only just been taken over.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

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