THG to cut 160 jobs across three departments
The news comes as THG has started a consultation to axe jobs at its ecommerce services platform, Ingenuity, that will run until mid-March
Register to get 1 more free article
Reveal the article below by registering for our email newsletter.
Want unlimited access? View Plans
Already have an account? Sign in
THG has plans to cut 160 jobs across its marketing, sales and warehouse departments, The Times has reported.
It is understood that roughly 60 marketing and sales roles are due to be dismissed at the retailer’s online and tech business.
In addition, the group plans to cut the remaining 100 roles at its Warrington warehouse after the automation of its factories.
The news comes as THG has started a consultation to axe jobs at its ecommerce services platform, Ingenuity, that will run until mid-March.
The group’s ecommerce business has been investing in the automation of its UK warehouses, causing some shift pattern changes at the Warrington site. As a result, several brands have also moved to the Manchester Icon site.
A spokesperson for THG said: “The company is committed to reviewing operational efficiency across the business, in line with its strategic pivot towards larger enterprise clients.
“Subject to the ongoing consultation process, these changes will likely result in a number of redundancies. Whilst this is regrettable, THG will support all colleagues affected by these changes, including exploring redeployment opportunities across the group where appropriate.”
Despite the job cuts, THG reported its best quarter of the year earlier in January, as sales rose 1.1% to £597.9m across Q4.
The group attributed this performance to strong sales across the beauty division, including Cult Beauty and Perricone MD, which delivered growth of 2.6% to £387m in the quarter.
