“Given this uncertainty we will be closing over 30 branches and making further efficiency-driven changes in the supply chain, resulting in an exceptional charge of £40-50 million this year.” Travis Perkins is to cut up to 600 jobs and close stores due to a lack of demand in the wake of the Brexit vote. The company, which owns the Wickes chain, will close 10 distribution and fabrication centres and 30 branches across the company after seeing a drop in plumbing and heating product sales. It said it would also reduce its workforce by about 300 people as part of an “operational review”. CEO John Carter said the firm would be making "further efficiency driven changes" in the supply chain.
Travis Perkins is to cut up to 600 jobs and close stores due to a lack of demand in the wake of the Brexit vote. The company, which owns the Wickes chain, will close 10 distribution and fabrication centres and 30 branches across the company after seeing a drop in plumbing and heating product sales. It said it would also reduce its workforce by about 300 people as part of an “operational review”. CEO John Carter said the firm would be making "further efficiency driven changes" in the supply chain.