Waterstone's to chop up to 650 staff
Saturday 02 May 2009
The bookseller Waterstone's is to axe up to 650 staff as it moves to a new distribution centre and focuses more on part-time staff. The job cuts, which will take place from the end of the month, are equivalent to 450 full-time roles, but goods-in and returns staff in stores will be most affected.
About a third of HMV Group-owned Waterstone's 300 branches will see minimal changes in staff numbers or working hours, but another third of its estate will have staff rotas changed substantially. The bulk of the redundancies will be at the remaining 100 or so stores, which are typically larger and currently have a greater proportion of staff involved in receiving books and putting them on the shelves.
The new distribution centre, or book hub, in Burton-on-Trent replaces the previous system of publishers making direct deliveries to Waterstone's stores, and marks the end of a two-year programme to improve its supply chain, as it seeks to cut costs in a declining book market.
A Waterstone's spokesman said: "The book hub is designed to consolidate orders from multiple publishers into a single delivery for each store and means these deliveries are easier to process and stock reaches the shelves more quickly." He added: "The business will be doing everything we can to minimise the final number of redundancies." The increased emphasis on part-time staff will see shops typically operate a 60/40 split between full-time and part-time employees.
The bookseller kicked off a national consultation process with its 4,500 employees in January, which ended yesterday. Waterstone's started trialling the book hub last year. When it is fully operational across its store network, the distribution centre will employ about 300 people. This week, HMV said that Waterstone's like-for-like sales had declined by 4.5 per cent for the 16 weeks ended 25 April.
- 1 Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
- 2 Rarest Beanie Baby of them all could be sold for £62,500 on eBay
- 3 Professional big game hunter Ian Gibson crushed to death by elephant during hunt
- 4 Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
- 5 Rebecca Francis accuses Ricky Gervais of using 'influence' to target female hunters after receiving barrage of death threats
Yemen crisis: Meet the child soldiers who have forsaken books for Kalashnikovs
Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
Rarest Beanie Baby of them all could be sold for £62,500 on eBay
Professional big game hunter Ian Gibson crushed to death by elephant during hunt
Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
iJobs Money & Business
£20000 - £25000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£50000 - £667000 per annum + excellent benefits : Ashdown Group: IT Manager / ...
£13000 - £20000 per annum: Recruitment Genius: Scotland's leading life insuran...
£40000 - £45000 per annum + benefits : Ashdown Group: Training Programme Manag...