B&Q's statement on job losses in full (From Daily Echo)

B&Q's statement on job losses in full

10:07am Tuesday 9th October 2012 in News

B&Q today announced that 220 jobs are going to be lost as part of a 'restructuring' at the Chandler's Ford based firm.

Below is the full statement released by B&Q:

Following B&Q's update to you last month regarding the realignment process at its head office in Eastleigh the retailer confirms today (9 October 2012) that it has announced the new shape of the organisation at its head office.

A very different approach to creating this new organisation structure has taken place over the last few months and everyone in the team has been involved in this approach to create a more customer focused, agile, omni channel retailer.

The new structure includes many new and different roles and changes to ways of working to ensure that B&Q is building sustainable jobs for the future and planning for growth. As a result of the new structure, 100 new head office roles are being created but there will be 220 redundancies, and these people are being consulted today.

B&Q is doing everything it can for those people who are affected today including enhanced redundancy packages, which go way beyond statutory requirements.

Fraser Longden, People Director said; "We recognise this is a difficult time for everyone and thank everyone for their contributions to the business and this process; these changes are fundamental to creating sustainable jobs and the future growth of the business."