David Jones cuts working hours as retail spending falls
Monday, 28 April 2008
David Jones has confirmed that it is reducing the working hours of some of its 10,000 staff, due to a drop in consumer spending.
DJs said that staff working in departments selling big-ticket items, such as plasma-screen TVs and furniture, have had their working hours cut back by as much as 20% – from 40 hours a week to 32 hours.
However, CEO Mark McInnes said that no jobs had been cut.
The retailer employs around 10,000 staff at its 36 stores, 95% of whom are on a full-time or permanent part-time basis.
Inside Retailing
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