Enter our Snapshots of Summer photography competition
The jobs cull comes as part of cost-cutting measures that will see further redundancies among the chain’s 23,000 staff, expected to be announced next week.
One source close to the retailer said that more than 15 staff per store could go.
Debenhams — which has more than 100 stores across the UK and the Irish Republic — was taken private by Baroness Retail, a consortium led by John Lovering, in a £1.7 billion deal. Analysts said that Baroness had paid a full price for Debenhams and would be forced to make stringent cuts to create the returns demanded by its private equity backers.
The department store chain has 104 shops, and employed 23,000 people ahead of today’s announcement.
Rob Templeman, the group’s new chief executive, announced the redundancies in London at 9.30am yesterday, while Chris Woodhouse, finance director, spoke to staff in the group’s finance office in Taunton.
Some staff were told to dial an 0800 number to listen to a recorded message explaining the reasons for the job cuts.
The message said: “Key areas of focus are to reduce borrowing, costs and create a faster moving business. To achieve these goals we are reviewing the current divisional structures and roles to create a more efficient business giving individuals greater autonomy and accountability.”
The head office job cuts are understood to be across the board including human resources, finance and IT.
Other staff have left of their own accord. Last week M&S poached Gillian Ridley, a head of women’s clothing, and Martin Wyke, information systems director, has resigned.
Win a luxury weekend to Newcastle and its neighbour Gateshead, find out more here
Risk, resilience and embracing new technology
Industry sectors news at a glance. Interactive heatmap, video and podcast
Discover the power of collective thinking. Submit a solution and be in with a chance to win a Media Hub Home Entertainment System
The inside track on current trends in the charity, not for profit and social enterprise sectors
Everything the Business Traveller needs to know to make a better trip
Make the most of the summer and enter our fabulous photographic competition, you could win a £5000 holiday
Corsica is an island of beauty and contrast, an ideal holiday destination
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
The clever way to lease a new car is with Car leasing made simple™
2009
per month on 36-month
Personal Contract Hire (PCH)
2008
42850
Car Insurance
£24,250 - £30,346
MI5
London
£60,000
The Environment Agency
Bristol
Up to £90K
Boots
Midlands
OTE £85k
Credit Protection Association
Nationwide Opportunities
Completely London
Luxury Condo's in Manhattan with NYC views
The best new homes in Wimbledon?
Nationwide
Fabulous Cruise And Cruise & Stay Offers Including Virgin Atlantic Flights Prices Start From Only £699pp!
Last Minute Cruise And Cruise & Stay Offers. Med From £499pp, Caribbean From £699pp!
5 star quality at a 3 star price.
8 fabulous Canadian cities ...you won’t find cheaper
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Property Finder | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.