Yate Carphone Warehouse branch among more than 500 to close as 2,900 staff lose jobs

March 17 2020
Yate Carphone Warehouse branch among more than 500 to close as 2,900 staff lose jobs

YATE’S branch of Carphone Warehouse is set to close at the beginning of next month.

The shop, in North Walk in Yate Shopping Centre, is one of 531 stand-alone Carphone Warehouse stores in the UK being shut as owner Dixons Carphone concentrates on selling phones through its Currys PCWorld stores and online.

The company said 2,900 staff would be made redundant as a result of the closures, which take effect on April 3.

A further 1,800 employees will be offered new roles elsewhere in the business.

Dixons Carphone declined to confirm how many staff work at the Yate branch when approached by the Voice.

The company said it would “go well beyond legal obligations in financial and other support for all affected colleagues”, adding: “There’s never an easy time for an announcement like this, but the turbulent times ahead only underline the importance of acting now, to ensure a business fit for the future.”

Dixons Carphone said the move was part of its strategy return its mobile business, which is expected to make a £90 million loss this year, to profitability.

A spokesperson said: “Customers are changing the way they buy mobile devices and connectivity, replacing their handsets less often and buying them separately or as part of more flexible bundles.”

The company said the redundancies were not linked to the coronavirus outbreak.

Group chief executive Alex Baldock said: “Customers are changing how they buy technology, and Dixons Carphone must change with them. We’re underway with a fundamental transformation to do so. Today’s tough decision is an essential part of that, the next step in making our UK Mobile business a success for customers, colleagues and other shareholders.

Clearly, with unsustainable losses of £90m expected this year, Mobile is currently holding back the whole business. There’s never an easy time for an announcement like this, but the turbulent times ahead only underline the importance of acting now.

I don’t underestimate how upsetting this news will be for our colleagues, and we’ll treat everyone with honesty, respect and care.

But though this is by far the toughest decision we’ve had to make, it is necessary. We must follow our customers. They want help with all technology, all in one place, and this trend is only going to accelerate in a more connected 5G world.”