UK: 450 jobs to go at Woolworths
The joint administrators of embattled UK retail chain Woolworths have announced 450 redundancies in the company's support operations at Marylebone Road, London, and Castleton, Rochdale.
Neville Kahn, joint administrator and reorganisation services partner at Deloitte, said: "Unfortunately, it has been necessary to make some 450 employees redundant out of a total workforce of over 25,000.
"These roles are in head office and support functions in London and Castleton. There have been no redundancies in the high street stores and distribution centres.
"Our expectation remains that stores will remain open beyond Christmas and that all staff in the stores will be paid in full."
The Marylebone Road, London, and Castleton, Rochdale, operations employ over 1,100 staff in total.
Woolworths and Entertainment UK were placed into administration on 27 November, with Neville Kahn, Nick Dargan and Dan Butters of Deloitte, the business advisory firm, appointed as joint administrators.
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