The Warehouse to hold staff meetings on Monday about restructuring
The Warehouse is holding meetings at its stores on Monday morning after consultation about proposed job losses and store closures . More than 1080 jobs are expected to go as part of major restructure across the Warehouse Group that could result in at least six store closures. The Warehouse Group, which owns The Warehouse, Warehouse Stationery, Noel Leeming, and Torpedo 7, is understood to be keeping stores closed until 9am to allow for the meetings. All waged team members across all The Warehouse stores will meet at 8am on Monday for important information about proposed changes, according to an internal memo. READ MORE: * Warehouse Group store lease on market before job consultations began * Big businesses like the Warehouse could hurt their own long-term interests by sacking staff and closing stores * Job cuts gash The Warehouse's reputation Staff not rostered on to work will be paid to attend the meeting. First Union had been advised about the meetings, and union representatives would be attending. A spokeswoman for the Warehouse confirmed the notice was correct. The big box retailer was looking at six store closures, in addition to three already confirmed, across Noel Leeming, The Warehouse and Warehouse Stationery brands. In June, the company said it was starting a consultation process looking at the closures of the Noel Leeming Henderson Clearance Centre, and Tokoroa store, The Warehouse Whangaparaoa, Johnsonville and Dunedin central stores and Warehouse Stationery Te Awamutu store. It was closing its Birkenhead The Warehouse store in Auckland, and restructuring its head office in Northcote, Auckland, which would result in 100 to 130 job losses. A new Noel Leeming Northlink store in Christchurch replaced its Papanui and The Palms stores. In June, chief executive Nick Grayston warned that more store closures in the future were likely . Earlier this month, the company reported a big jump in spending at most of its stores after the coronavirus lockdown, but said it expected a slowdown after the wage subsidy scheme ended. The company had taken $68 million in wage subsidy payments offered by the Government before announcing the planned job losses, angering Prime Minister Jacinda Ardern last month.