Retail slump | John Lewis consider cutting staff bonuses for first time since 1950s

John Lewis consider cutting staff bonuses for first time since 1950s

John Lewis is to consider suspending its staff bonus as it grapples with the impact of its worst Christmas trading since the 2008 financial crisis – The Guardian reports.

The employee-owned department store released a statement saying it would “need to consider carefully … whether payment of a bonus is prudent in the light of business and economic prospects at that time”.

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