Staff could face axe as Lloydspharmacy and AAH merge back office functions
Lloydspharmacy and AAH Pharmaceuticals are to share back office facilities such as human resources and IT, in a move that is likely to cause redundancies.
A Lloydspharmacy spokesperson told C+D that the move was about making both companies more flexible and innovative, and was in line with owner Celesio UK's recent creation of two new customer sales channels.
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Lloydspharmacy said it anticipated posts being made redundant at head office but that the branch network would not be affected |
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They confirmed that no redundancies had yet been announced, but said it was "very early days" and the company anticipated there would be "a reduction in the number of posts required in the new structure". However, the spokesperson added that, at this stage, it was unclear how many jobs would be affected. "Head office staff affected by the proposals have been informed... and the AAH branch network and the Lloydspharmacy network are not affected," they told C+D. A 90-day consultation period on the plans began yesterday (May 8). |
Celesio returning to profitable growth after restructureIn March Lloydspharmacy and AAH parent company, Celesio, said it was on course for a "return to profitable growth" after starting its strategic overhaul, despite overall operating profits dropping by 26 per cent to £430.8 million (€514.8m) in the 2011 fiscal year. The restructure is aiming to give the company a "more consistent brand and sales format" across its pharmacies in Europe.
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