Arnotts to close doors with 600 redundancies
Friday, February 15th, 2008
Arnotts has announced that it will make 600 retail staff redundant. This is a huge blow for the staff and their families. Although the announcement was expected the numbers affected are greater that expected.
Voluntary redundancy will be offered but with 600 of the 950 staff need I guess they all will not be voluntary. These staff are facing a tough job market.
There are couple of points that are being under emphasised in most reports.
a) The store will employee 1200 staff when it reopens in 3 years time. Ok this is no consolation for the staff losing their jobs.
b) This is a 750 million redevelopment project so I guess it will support a struggling construction sector. I guess one workers pain is another workers gain.
Lets hope the staff affected are well looked after in their redundancy package and the proper supports are put in place for them
