Britain’s high street has been embattled recently, evidenced by brands such as Mothercare, Toys R Us, Maplins and Homebase posting profit warnings, selling up or battling creditors.
There’s also been somewhat of a supermarket sweep across Britain’s leading grocers management teams, with reports earlier this year announcing Morrisons plans to axe 1,500 middle management jobs, whilst Tesco stripped 1,700 from a management layer. Sainsbury’s has also been struggling to maintain its headcount.
However, this culling of head office jobs is set to worsen, according to industry leaders. Headcount cuts are more likely to affect head office jobs, according to research by Foot Anstey.
M&S Directors miss out on bonuses but staff feel more of a bite
The research found that budget squeezes, caused by factors such as the National Living Wage (NLW), are unlikely to affect front-line staff. Instead, leaders would turn to cut back on head office headcount and other expenses.
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