What: John Lewis Partnership intends to cut another 1,000 roles as part of a wide-ranging restructuring.

Why is it important: The latest job cuts come only a few months after announcing eight John Lewis stores closing and a first-ever annual loss.

The employee-owned retailer said jobs at risk will be a variety of management roles in both John Lewis department stores and Waitrose grocery outlets. The retailer said its proposals would reduce the number of layers between workers in stores and senior leaders and “allow us to reinvest in what matters most to our customers.”

The partnership has 331 Waitrose supermarkets and 34 John Lewis stores. There will be an average reduction of 2.7 roles per shop if the proposals are confirmed.

John Lewis Plans to Cut 1,000 Jobs as UK Retail Woes Worsen