Home U.K. Currys PC World owner slashes 800 jobs as coronavirus sparks unemployment crisis

Currys PC World owner slashes 800 jobs as coronavirus sparks unemployment crisis

The retail chain’s owner Dixons Carphone said a shake-up will see it create a “flatter management structure” as it adapts to increasing online sales.  Dixons Carphone said it will remove retail manager, assistant manager and team leader roles, introducing new sales manager, customer experience manager and operational excellence manager positions in stores.

Chief operating officer, Mark Allsop, said: “We remain committed to our stores as part of an omnichannel future, where we offer the best of online and stores to our customers.

“This proposal will ensure in-store roles are focused on giving a seamless customer experience and exceptional service across all our customer channels, whether online or in-store.”Sadly, this proposal means we have now entered into consultation with some of our store colleagues.

“This was not an easy decision and we’ll do everything possible to look after those colleagues we can’t find new roles for, financially and otherwise.”

The Currys PC World announcement came just hours after another UK high street favourite Pizza Express warned 1,100 jobs were at risk with the potential closure of 67 restaurants.

The company is undergoing major restructuring to shore up its finances and

plans to launch a Company Voluntary Arrangement (CVA) “in the near future”, a move which could lead to the closure of 15 percent of its 449 UK restaurants.

Bosses stressed that the final outcome of the restructuring has “yet to be decided”.

Pizza Express, which is majority-owned by Chinese firm Hony Capital, said it has also hired advisers from Lazard to lead a sale process for the business.

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The company closed all its UK restaurants on March 23 after the Government-mandated lockdown, before starting a phased reopening of sites last month.

It said the coronavirus pandemic has been a “huge setback” for the restaurant sector but it believes the turnaround plan “will put the business on a stronger financial footing in the new socially distanced environment”.

The coronavirus pandemic has had a devastating impact on UK jobs and the economy.

Yesterday, Hays Travel announced it was cutting up to 878 jobs out of a total workforce of 4,500 people.

The travel company said it had “made every possible effort” to avoid job losses “during these extraordinary and distressing times”.

It was “on track for recovery” when the Foreign and Commonwealth Office stopped advising against all non-essential travel in early July, but the recent decision to reintroduce restrictions for people going to Spain “triggered the cancellation of hundreds of thousands of holidays”.

Sports retailer and gym group DW Sports has said it is to tumble into administration, with 1,700 employees at risk.

The company is expected to appoint insolvency specialists on Monday after its income was wiped out by the protracted closure of stores and gyms during lockdown.

BREAKING NEWS. MORE FOLLOWS…

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Source Daily Express :: UK Feed

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