EMCC European Monitoring Centre on Change

Boots

Company/Organisation:
Boots

Geographic Location

Country: United Kingdom
Region: Nottingham; Derbyshire and Nottinghamshire; East Midlands
Location of affected unit(s): Nottingham

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.7 - Retail sale of other goods in specialised stores
Number Employed: 3000

Employment Effects

Announcement Date: 12-01-2004
Planned Job Reductions min: 1500
Planned Job Reductions max: 1500
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-07-2004
Other Job Reduction Measures: 600

Additional Information

Restructuring at Boots, the struggling high street chemist, carries on in a drive to cut costs and reposition the company's business. On 15 January 2004, after the 2,200 jobs lost in 2003, it is now 900 people who are to loose their job at Boot's head office in Nottingham. Unions were appalled to hear the news in the press, as employees were not consulted on the matter. On 24 January 2004, Boots announced an additional 600 jobs to be cut. These positions will be outsourced. The staff affected are likely to be transferred to whomever wins the outsourcing contracts. Under the Tupe regulations, they will retain their terms and conditions but could lose valuable pension benefits.