Wilko is poised to make 1000 jobs redundant after a consultation period with 3700 staff members.
According to Retail Week, the retailer is has accepted 1,030 applications for redundancy from store staff.
It has also made 19 redundancies where staff could not be redeployed.
The redundancies includes assistant manager positions and store supervision roles culled.
Many store supervision roles have also been consolidated into team supervisor roles.
At the same time, Wilko has promoted or redeployed more than 2600 store staff and will now recruit 224 new supervisors.
The value retailer first revealed plans to cull staff and carry out a consultation process in August, not long after it recorded an 80 per cent drop in profits in its full-year report.
“We thought long and hard about undertaking this review and knew it would be difficult,” Wilko retail director Anthony Houghton said.
“We also knew that it was necessary if we were to maintain our presence and continue to thrive within an ever-changing retail landscape.
“In consultation with the GMB, our recognised trade union, we listened to what team members wanted and made changes based on that.”
Chief operating officer Sean Toal said that although Wilko had seen both positive customer numbers and sales growth during 2017, “this was not translating into positive results”.
“This is not sustainable into the future and we had to make some tough decisions to reorganise,” he said.