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Debenhams confirms further job cuts

Staff Writer | August 17, 2018
Debenhams said it will cut up to 200 more jobs in the latest phase of the embattled department store's restructuring plan.
Britain   Job cuts were reported
Debenhams, which has seen merger speculation boost its shares since rival House of Fraser was acquired by Sports Direct last Friday, has begun redundancy talks with workers.

In a statement, Debenhams said: "We announced our intention to restructure our organisation around three business units: Beauty & Beauty Services, Fashion & Home and Food & Events earlier this year.

"Our work to create a simplified and consistent structure across these units, reducing complexity and driving efficiency in order to deliver our Debenhams Redesigned strategy, is continuing."

Job cuts were reported to be around 100 in the Telegraph, 200 in the Guardian and "hundreds" in the Daily Mail.

Chief executive Sergio Bucher, the former Amazon executive, announced an overhaul at Debenhams last year designed to increase online sales, improve stock control and make better use of its large stores. He said the "exceptionally difficult times in UK retail" were not expected to change in the near future.