Carpetright is looking to axe more than 25% of its head office staff as part of a cost-cutting process.
The retailer has informed staff that around 70 jobs would be lost across its central support centre and field management teams as it looked to streamline operations.
The redundancies will affect Carpetright’s base in Purfleet, Essex, but will not impact store staff.
The company, which has been advised by Teneo on cost cutting measures, said the job losses in areas such as IT, warehousing and distribution will allow it to reduce its cost base by about £22m.
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Carpetright has reported substantial losses for the last two years as consumer demand for big-ticket items has slowed amid the cost-of-living crisis.
Kevin Barrett, chief executive of the retailer’s parent company Nestware Holdings, said: “While we have worked tirelessly to navigate our current challenges, we understand the impact this restructure will have on valued members of our team.
“Our top priority remains supporting those affected through this process.
“As with many businesses, we face ongoing challenges in today’s tough economic climate. We’ve carefully examined our performance against operating costs, leading us to make difficult decisions to ensure the future success of our brand.
He added: “Unfortunately, this means reducing our central payroll costs. Whilst every effort has been made to seek the best solution to our current situation, we are aware that valued members of our team will be impacted.”
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