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.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?