Supermarket giant Marks & Spencer has announced that it will be discussing proposals with its employees to make significant changes to its UK head office structure.
The proposals have been developed by M&S following a detailed review of the organisation and an analysis of its processes.
The proposals are centred on plans to reshape and redefine the organisation by reducing the number of head office roles by a net reduction of 525 and also cut the number of roles permanently based in central London by 400 across IT and logistics.
Steve Rowe, M&S CEO, said: “M&S has to become a simpler and more effective organisation if we are to deliver our plans to recover and grow our business.
“It is never easy to propose changes that impact on our people, but I believe that the proposals outlined today are absolutely necessary and will help us build a different type of M&S - one that can take bolder, pacier decisions, be more profitable and ultimately better serve our customers.”
Should the proposals go ahead, they would deliver significant cost savings, the company has stated and it will be entering into a collective consultation with its employees imminently.
Earlier this month, MPs petitioned Marks & Spencer over the planned changes to pay that could leave thousands of workers worse off.