John Lewis to axe managerial jobs

John Lewis has announced that it is to make several hundred managerial redundancies within its stores.

The retailer says it will cut 325 jobs amongst managers within departments including furnishings, womenswear and beauty, replacing them with fewer senior managers. The move is thought to have been driven by strong growth in online sales at John Lewis.

In a statement, John Lewis said: “As part of our plans for future growth, we are proposing to streamline management structures in some of our established shops.

“There will be opportunities for redeployment in new roles created as part of this process or in new shops due to open over the next 18 months.”

The move will cut costs at the retailer, although it has enjoyed strong sales over recent months, with like-for-like sales up 13% on 2011 during the 2012 Christmas trading period, and 14.8% overall.

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