N Brown Group is undergoing significant organisational changes, resulting in job losses at its Manchester headquarters.
- Over 100 roles are expected to be cut as part of a strategic transformation.
- The company aims to return to sustainable growth by restructuring its workforce.
- The job cuts are part of a broader review to unlock business potential.
- Despite the reductions, N Brown remains committed to exceptional customer service.
N Brown Group has announced a substantial reduction in its workforce, affecting more than 100 roles at its head office in Manchester. This move comes as the company embarks on a transformative journey to reposition itself for sustainable growth. The organisation is consulting with 200 staff members, with the expectation that around 105 positions, including roles in the supply chain, will be eliminated by the end of the month.
The decision to reduce the workforce has been linked to restructuring efforts aimed at unlocking long-term business potential. Departments impacted by this decision range from buying and merchandising to logistics, finance, and creative sectors. Despite the scale of these changes, N Brown has assured that compliance with all legal and regulatory obligations is being maintained, and the redundancies were planned independently of ongoing acquisition discussions.
Joshua Alliance, a non-executive director of N Brown, has made a significant offer at 40p per share for the company through Falcon 24 Topco, indicating a strategic interest from the Alliance family in taking the business private. In response to the upcoming changes, N Brown has stated that while the decision to streamline its operations is difficult, it is necessary for achieving its strategic goals.
A spokesperson for N Brown emphasised their commitment to supporting the affected employees throughout the transition process. They affirmed that the priority remains on delivering a strategic transformation while ensuring an exceptional experience for customers, despite the organisational changes.
N Brown Group’s restructuring and job cuts are a strategic move towards securing its future growth and transformation.
