Exclusive: Latest turnaround plan could see thousands made redundant over five years after group halves its redundancy pay
The owner of John Lewis and Waitrose is considering cutting up to 11,000 staff jobs in the next five years, after the retail group slashed redundancy terms this week.
Sources said at least 10% of the staff-owned business’s 76,000-strong workforce could go across the group’s head office, supermarkets and department stores.