John Lewis planning major job cuts over five years

John Lewis planning major job cuts over five years

John Lewis has announced plans for additional workforce reductions over the next five years, confirming potential job cuts of up to 11,000 within the retail partnership. 

This figure represents 10% of the current workforce, as reported by the Guardian. 

The job losses are expected to include redundancies and a decision not to fill vacant positions. 

John Lewis says the cuts are part of a strategy to return the business to profitability. The group, owned by its workers, known as Partners, employs 76,000 people across supermarkets, department stores, and its head office.