Boots set to shed 700 jobs in business restructuring drive

8th June 2015


Pharmacy group Boots is to axe hundreds of jobs as part of a business restructuring process.

In a statement, the firm said it is simplifying the structure of its support functions “in order to provide a better level of service for stores and allow for a more focused investment in key areas to drive future growth”.

This will however involve a reduction of around 700 non-store based roles, which Boots expects to achieve through a combination of natural attrition, redeployment, retraining and redundancy.

The move follows the merger of the 165-year old health and beauty retailer with US group giant Walgreens last year.

It added though that “additional resources will be required in some areas, such as digital and the delivery of the new customer offer”. A formal consultation with affected employees is set to start in due course.

Simon Roberts, president of Boots, said: “While we have continued to deliver a solid performance in recent years, despite challenging market conditions, we cannot be complacent and must be stronger and more agile going forward, to meet the fast changing expectations of our customers.

“Together with my leadership team, I believe this plan will make Boots even better for our customers and drive sustainable future growth.  We also remain fully committed to our presence in Nottingham, which has been the home of Boots since the very beginning.

“We have not taken these decisions lightly, and understand the impact that today’s announcement may have on our colleagues. We are fully committed to doing everything we can to support all our people as we transform Boots and strive to be even better for our customers and patients”.

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