Source: Personnel Today Issue: Aug 27 2008 Date: 27/08/2008 Publisher: RBI

John Lewis vows poor trading figures will not lead to job cuts

AUTHOR: Louisa Peacock


John Lewis has vowed not to make any job cuts, despite the economic slowdown influencing poor trading results, Personnel Today has learned.

Chairman of the John Lewis Partnership Charlie Mayfield insisted he would not make any "knee-jerk" reactions to staff costs just to protect short-term profit at the department store, despite the retailer announcing last week that sales across all 26 stores fell by 4.2% to £47.2m in the week to 16 August.

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