Chemist + Druggist is part of Informa PLC


This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction

No pharmacy roles included in Boots’ ‘workforce reduction’ plans

Boots' parent company has assured C+D that no pharmacy roles will be included in its plans to reduce the workforce by 6,500, or 11% in the UK.

The multiple announced in July the start of a consultation process that would see 4,000 jobs lost as part of a “significant restructuring” across its head office, pharmacy and opticians teams.

James Kehoe, global chief financial officer at Boots’ owner Walgreen Boots Alliance, told journalists yesterday (January 7), that the company was “on track with the implementation and now expect a workforce reduction of nearly 11% or 6,500 positions”.

The company told C+D today, that the additional reductions have been calculated through business-as-usual activities, such as the end of temporary contracts, and stressed that no pharmacy roles are included in this figure.

“Better at managing a lockdown”

Walgreens Boots Alliance yesterday reported a 11.5% profit drop across Boots UK in the three months to November 2020, attributing it to “COVID-19 related impacts”.

While overall sales for the quarter across the whole of Walgreens Boots Alliance “exceeded expectations”, COVID-19 and social restrictions were still impacting footfall to Boots branches, Mr Kehoe said on a conference call after the financial results.

“We think we're much better at managing through a lockdown now, which is good but still, it is a cloud in the future,” he added.

Branch closures continue

Boots has completed 158 of 200 planned branch closures, Mr Kehoe also confirmed on the call, as part of its “store optimisation programme” originally announced in June 2019.

“We expect the [closures] to be mostly complete by the end of the current fiscal year,” Mr Kehoe said.

The multiple temporarily paused the pharmacy closures last year, at the height of the COVID-19 pandemic.

Did you work at an affected Boots branch?

Related Content

Topics



Pharmacy Dispenser/ Technician
Bethnal Green North, London
Salary: Up to £30,000

Apply Now
UsernamePublicRestriction

Register

CD006934

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Thank you for submitting your question. We will respond to you within 2 business days. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel