What: In consistency with its 5-year plan unveiled earlier this year, the retailer continues its shift to become a more agile, profitable, and sustainable company by cutting 1,500 jobs at its head office.

Why is it important: the cuts will save the business GBP 50 million and lead the way for an agile and flexible head office.

The partnership follows the course of its plan to bring the business back to sustainable profits by 2025, which requires to become “a leaner, simpler and faster business”. In order to do so, it is cutting jobs amid its head office team. Sharon White, chairman of the John Lewis Partnership, said: "Our Partnership Plan sets a course to create a thriving and sustainable business for the future. To achieve this we must be agile and able to adapt quickly to the changing needs of our customers.” Whenever it is possible new roles will be given to the sacked partners and compensations for the others.

As the group revealed plans to cut head office jobs, these new layoffs add to the 1,300 redundancies announced in July this year after the business announced close eight John Lewis stores and four Waitrose outlets.

The partnership also announces management shifts, with a new Executive Director of Finance and the axing of the Executive Director for Customer Service position.

Read more in the press release below.

JOHN LEWIS PARTNERSHIP ANNOUNCES NEXT PHASE OF HEAD OFFICE CHANGES

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