Otto UK is considering moving its buying and merchandising departments to Germany, which could affect more than 100 jobs at the multichannel retailer.
The potential move to its parent company in Germany, which comes amid reports that Otto is restructuring its buying and creative departments, would cut costs for the retailer .
A spokesman for Otto UK said: “Otto UK has begun consulting with union representatives with regards to restructuring and streamlining the business. The first phase of consultations will last 90 days and it will affect the buying and creative departments. The second phase will be announced in the new year. It could involve purchasing being moved to Germany as a result of cost cutting. No decision has been made as yet.”
In September, new chief executive Koert Tulleners joined the UK arm of the Otto Group after Mike Hancox left the business.
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