Major British department store to axe 320 management roles by next month

Debenhams is planning to cut 320 jobs across the UK – around 25% of its store management roles.

The retailer said it was part of a £10 million cost-cutting strategy announced last month, when it issued a profit warning amid disappointing Christmas trading results.

A Debenhams spokesperson said: “As part of the implementation of the Debenhams Redesigned strategy a review of our store structure has been undertaken.  The review has identified significant cost savings by reducing the complexity of management roles in stores as well as processes to optimise and standardise ways of working.”

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ebenhams said it is currently consulting with individuals affected and will seek redeployment opportunities where possible.

“We envisage our new structure being fully in place by the end of March,” the retailer added.

The news comes amid a tough few weeks on the high street for major retailers. Last week, Marks & Spencer announced plans to close 14 stores in the second phase of its transformation plan, putting 468 jobs in the firing line.

Thousands of posts also face the axe at Tesco, Sainsbury’s and Morrisons.

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