Debenhams cuts head office jobs but secures key stores

Debenhams Oxford Street London

Debenhams has not disclosed how many headquarters roles will be lost, but it is understood to be in the hundreds out of approximately 3,000 staff.

Debenhams fell into administration for the second time in a year as the coronavirus crisis forced the closure of stores. Bosses led by chair Mark Gifford hope to turn the retailer around including through operating efficiencies.

A Debenhams spokesman told Retail Week: “In the context of a retail industry undergoing profound change, the management team is working on the future shape of the group, with a view to seeking an exit from administration as a going concern.”

 

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