The heady days of fabulous staff bonus schemes must surely be history or on temporary hold?
Kingfisher representatives claim the effect of these changes on jobs will be 'neutral' as job roles are shuffled rather than axed. Will job moves include protected work contracts or will workers face reduced hours, less pay or even zero-hour contracts?
Monday B&Q ditched expansion plans for France when Kingfisher abandoned plans to purchase French DIY chain Mr Bricolage for €275 'after one of the latter's shareholders opposed the deal'.
Staff will now face a period of uncertainty as Kingfisher streamline their business and make it fit for 21st Century trading.
In a separate announcement “Kevin O'Byrne, chief executive for B&Q UK & Ireland, would leave the firm on 15 May 2015 "allowing a smooth handover of his responsibilities" with further details to be announced "in due course".”
However you look at it though for now at least 600 jobs are at risk.
Source BBC News