News
Jessops to cut 200 jobs
Ben Furfie Mar 27 2008, 10:43am
Assistant managers in the firing line after poor trading report
Jessops has announced that it is to cut more than 200 jobs a day after it announced poor trading results.
The UK's largest specialist photographic retailer yesterday announced that sales had fell by 24.6 per cent after a mass store closures aimed at stemming losses, as reported by PC Retail.
The retailer had said that it would look to 'increase efficiency in store staffing levels', but the job cuts, which will affect around eight per cent of the firm's workforce, are likely to see many assistant managers laid off.
The cuts were announced by the firm's executive chairman David Adam describing them as necessary because of "difficult and uncertain" trading conditions.
Source: The Times
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