Up to 750 jobs could go in the proposed restructure of The Warehouse, the company’s chief executive officer says.
Photo: RNZ / Nate McKinnon
Staff were called to an 8am meeting today to hear the company’s plans.
In a statement, chief executive officer Pejman Okhovat said the restructuring will mean cutting 500 to 750 jobs.
If confirmed, the job losses would be the equivalent of 320 full time roles, he said.
Okhovat said the restructuring was necessary because of changing shopping habits and the growth in online sales.
The announcement did not make clear whether The Warehouse Company’s two other chains, Noel Leeming and Warehouse Stationery, would be affected.
First Union accused the company of using Covid-19 to justify the redundan…
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