Covid: Wickes owner Travis Perkins to cut 2,500 jobs

Covid: Wickes owner Travis Perkins to cut 2,500 jobs

Image copyright Reuters

The UK’s biggest builders’ merchant, Travis Perkins, plans to cut about 2,500 jobs, or 9% of its workforce.

The group said it expected a UK recession to hit demand for building materials this year and in 2021.

It said it had started a consultation process with staff at about 165 branches, about 8% of its network.

The group includes Wickes, Toolstation and Tile Giant. It…

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