Ecommerce giant THG is reportedly laying off 60 marketing and sales employees as well as around 100 warehouse staff across the group.
The group, which owns the likes of Lookfantastic, Myprotein and Cult Beauty, has started consultation talks to cut jobs at its Ingenuity services platform, which are expected to run until the middle of March, The Times reported.
THG is also holding talks to cut around 100 jobs at its Warrington warehouse following the automation of its factories.
An email sent to staff said: “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.”
A spokesperson for THG Ingenuity said the retailer is committed to reviewing operational efficiency across the business.
They said: “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.”
The announcement comes after THG reported a record quarter for the three months to December 31, 2023, with group revenue up 1.1% to reach £597.9m.