David Jones to "consolidate" management

News
 |  
Jul 2018
 |  
Save to favorites
Your item is now saved. It can take a few minutes to sync into your saved list.
David Jones to "consolidate" management
David Jones to "consolidate" management


Woolworths of South Africa has announced that the managing director for clothing and general merchandise is leaving its Australian department store company, David Jones, just one month after its country CEO was also dismissed. Another 15 jobs at its head office have also been cut. According to management, the changes will provide a flatter, more customer-focused structure. Woolworths is still making strategic investments in the company such as adding food halls. Some commentators on the other hand, say the changes will make the business more difficult to manage. The debate is over whether the company is managing decline by cutting costs or whether it sees a future for the business.