[heero_yuy]

Quote from The Sun:


Debenhams is to axe around 320 jobs as part of a £10million cost-cutting plan.

Last month the flagging department store issued a profit warning after a difficult Christmas period where its like-for-like sales fell by 2.6 per cent.

And now it has confirmed it plans to axe hundreds of store manager roles across the country.

But it's not expected the changes will not mean any closures of its 176 stores.

It said it will aim to find new roles for those staff who will lost their jobs.

A spokesperson told The Sun Online: "The review has identified significant cost savings by reducing the complexity of management roles in stores as well as processes to optimise and standardise ways of working.

"The effect is that potentially 320 positions are at risk of redundancy - approximately 25 -per cent of store management roles.

Another in the mould of BHS and HoF. I think the traditional department store's days are numbered.