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Woolworths makes 450 head office redundancies

Woolworths is to make 450 head office redundancies after being put into administration last week.

Deloitte, joint administrator of the high street chain, has announced a number of job cuts in the company’s support operations offices at Marylebone Road in London, and Castleton in Rochdale, Lancashire.

Deloitte joint administrator Neville Kahn said: "Unfortunately it has been necessary to make some 450 employees redundant out of a total workforce of more than 25,000. There have been no redundancies in the high street stores and distribution centres. Our expectation remains that stores will remain open beyond Christmas and that all staff in the stores will be paid in full."

There have been no redundancies at Entertainment UK, Woolworths' wholesale distribution arm, which is also in administration.

Kahn added: "The administrators, supported by management, are still actively seeking a purchaser for the business as a going concern, with discussions being held with a number of interested parties. We are working hard to ensure that any sale of the business, in whole or in part, will preserve jobs."

Job Centre staff will be attending both sites to provide support and advice to employees who have been made redundant.

Today, Woolworths launched its biggest-ever clearance Sale, with discounts of up to 50%.

Kahn added:"We have today launched Woolworths’ biggest ever Sale, which is complementary to and will not adversely impact upon our efforts to sell the business."


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