BHS is to axe around a third of its head office jobs and consolidate store management roles, a day after it proposed a company voluntary arrangement (CVA) in a bid to cut the rent bill on half of its store portfolio.
The department store chain has placed around 150 of its 450 head office roles into consultation this morning.
Drapers understands that the head office was previously 550-strong and 100 positions have already not been replaced.
It will also cut around 220 management roles in stores by consolidating two layers of management into one.
The company currently employs around 8,500 people