THG is allegedly cutting 160 jobs across its marketing, sales and warehouse teams.
The British retail group has reportedly started a consultation to cut jobs at its tech arm Ingenuity, which will run until the middle of March, according to The Times.
A spokesperson for THG Ingenuity said the retailer is committed to "reviewing operational efficiency across the business, in line with its strategic pivot towards larger Enterprise clients.
“Subject to the ongoing consultation process, these changes will likely result in a number of redundancies.
“Whilst this is regrettable, THG will support all colleagues affected by these changes.
“Including exploring redeployment opportunities across the group where appropriate.”
THG is also allegedly planning to slash a further 100 roles at its Warrington, UK-based Omega warehouse following the automation of its factories.
An internal email sent to workers, reported by the Warrington Guardian, read: “Subject to consultation, The Hut Group is proposing to reduce the number of employees employed in the Omega site.
“688 employees will be placed at risk, with our current proposal being that circa 100 employees be made redundant.”
THG’s beauty portfolio contains online retailers Lookfantastic and Cult Beauty.
As well as subscription service Glossybox; make-up company Illamasqua and spa brand Espa, to name a few.
The group also runs a nutrition business, which includes companies like Myprotein.
THG recently returned to growth in Q4 with group revenue up 1.1%, reaching £597.9m.
Increased sales in the group’s beauty division was behind the growth, with strong performances from Cult Beauty, Espa and Perricone MD.
Read more:
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