Brief: Warehouse Group Says Started Consultation Process At Its Northcote Head Office

Warehouse

07/06/2020 22:42

June 8 (Reuters) - Warehouse Group Ltd  WHS.NZ :
    * STARTED CONSULTATION PROCESS AT ITS NORTHCOTE HEAD OFFICE
BY
SHIFTING TO AN AGILE OPERATING MODEL
    * CHANGES PROPOSED WILL LIKELY SEE A REDUCTION OF AROUND
100-130
ROLES
    * WILL CONTINUE TO ASSESS STORE NETWORK
    * INTENTION TO MOVE TO NEW WAY OF WORKING FROM AUG 31 2020
    * PROPOSALS WOULD SEE ABOUT 700-950 ROLES OR 410 FEWER FULL
TIME
EQUIVALENT STORE ROLES
    * STRONG TRADING ACROSS BRANDS NOT EXPECTED TO CONTINUE AS
ECONOMIC IMPACTS OF COVID-19 REALISED

Source text for Eikon:  urn:newsml:reuters.com:*:nNZWbP3HqQ
Further company coverage:  WHS.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))