Coronavirus performer pandemic covid-19

Waterstones to make employees redundant in latest high street blow

Reading now: 411
www.mirror.co.uk

Waterstones will part ways with many of its head office staff as it becomes the latest in a long list of businesses to make employees redundant in the wake of Covid-19.

The book chain said it has started consulting with employees in its Piccadilly head office, though it declined to say how many workers are affected.

Waterstones moved its headquarters to the site in 2012 in a bid to get closer to both its customers and nearby publishers of the books it sells.

In a statement on Wednesday, it said that the company needed to cut costs, despite a strong performance in online sales, after months of shops being unable to open.

Read more on mirror.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA