Feeds

Dixons to axe 350 HQ jobs – report

Oh dear

  • alert
  • submit to reddit

Dixons is to axe up to 350 jobs at its HQ in Hemel Hempstead, according to Ananova.

The job losses are expected to hit the company's office staff and are not expected to impact its retail outlets. The high street electrical retailer has already begun consulting staff about the job cuts.

No one from Dixons was available for comment at the time of writing. However, it seems that shaky economic conditions appear to be behind its decision to cut jobs.

In January, Dixons reported that it had experienced a miserable Christmas after confirming that sales during December were "below expectations".

As a result Dixons warned that full-year profits were being downgraded to around £300m from around £320m.

At the time Dixons chairman Sir John Collins said: "Trading in the UK over the Christmas period has been below our forecasts. With an increasingly uncertain economic outlook and consequent risk to consumer confidence, we are cautious about the near term outlook for our markets." ®

Related Story

Dixons chokes on Christmas turkey

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.