High Street retailer Debenhams is to axe 320 store management jobs as part of a major cost-cutting exercise.
The jobs, which represent a quarter of store management roles, will be shed across its 176 stores.
Debenhams issued a profit warning last month after disappointing Christmas trading.
“We are currently consulting with individuals affected and will seek redeployment opportunities where possible,” the company said in a statement. “We envisage our new structure being fully in place by the end of March.”
The news comes hard on the heels of major job losses announced by Sainsbury’s, Tesco and Morrisons in the past fortnight.
Sainsbury’s is cutting thousands of jobs as part of a management shake-up, though the exact number has not been finalised, with Tesco axeing 1,700 managerial staff and Morrisons cutting 1,500 managers.