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Author Topic: 2019 Structure Changes  (Read 653224 times)

Cuddlypup

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Re: 2019 Structure Changes
« Reply #25 on: 16-12-18, 04:52PM »
m360, although not a structural change, we have heard that the staff restaurants will be closed within 12 months. This would affect the staff who use them and also the staff who tuped over. Can you confirm or deny?

Beanny

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Re: 2019 Structure Changes
« Reply #26 on: 16-12-18, 07:14PM »
I would like m360 to comment on the fact that a number of store managers in extra stores have told the night team to identify good xmas temps to keep on and make permanent. When has this ever happened in January?? Does this mean that they plan to get rid of the night lead manager by the start of the new financial year? Who knows?? Somethings coming down the line. Watch this space!!

londoner83

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Re: 2019 Structure Changes
« Reply #27 on: 16-12-18, 08:49PM »
 Can M360 post anything they know will happen next year. Dave had a 5 year restructuring plan that we are not at the end of. It follows more changes will follow.

lucgeo

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Re: 2019 Structure Changes
« Reply #28 on: 16-12-18, 09:04PM »
And when you've done all that M360 can you tell me next week's winning lottery numbers  :-* :-*
Live for today. Learn from yesterday.

madness

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Re: 2019 Structure Changes
« Reply #29 on: 17-12-18, 12:14AM »
I would like m360 to comment on the fact that a number of store managers in extra stores have told the night team to identify good xmas temps to keep on and make permanent. When has this ever happened in January?? Does this mean that they plan to get rid of the night lead manager by the start of the new financial year? Who knows?? Somethings coming down the line. Watch this space!!
That is just common sense to try and pick a couple of them.

Mark calloway

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Re: 2019 Structure Changes
« Reply #30 on: 17-12-18, 12:33PM »
Regarding Xmas temps, our night time have had zero temps this year. That's a first. Although they are saying we are over staffed which is bs.

Longinthetooth

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Re: 2019 Structure Changes
« Reply #31 on: 17-12-18, 01:48PM »
It really is my speculation and nothing else........ but I think lead team population is up for scrutiny, just read a team manager’s my role pack and ask what the lead manager does
Add in the mix that GM is being massively simplified in large shops, H+B is essentially an ambient operation farmed out to GM, The GM leads don’t actively run F+F they’re always on a shrinking GM operation and that’s probably +250 at an average £40k a year, there’s £10 million a year there in one go, few head count more in superstores on top, bound to happen
Lastly I have been reliablely told the structures team is back in meetings again at Welwyn
Still just my opinion though

Dougall

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Re: 2019 Structure Changes
« Reply #32 on: 17-12-18, 03:54PM »
The 1.5 billion reduction in cost base was split into 3 components that were directly addressable;
Store operating model - 550 million
Logistics and distribution - 450 million
Goods not for resale - 500 million

The graph of projection for this shows a slow down to it's conclusion next year. If we look at what's happened since 2014 we can see store operating model was one of the first to be addressed, so there would be no business sense in keep revisiting it. Naturally with the Booker merger we can see the other 2 reaching their conclusion, so people in the stores should stop panicking.

kaled78

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Re: 2019 Structure Changes
« Reply #33 on: 19-12-18, 08:40PM »
no doubt it will all be store specific,like the way some stores seem to have no staff,even though the next branch down the road takes less money but has twice as many people

m360

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Re: 2019 Structure Changes
« Reply #34 on: 19-12-18, 10:07PM »
m360, although not a structural change, we have heard that the staff restaurants will be closed within 12 months. This would affect the staff who use them and also the staff who tuped over. Can you confirm or deny?

I can see further hours reductions coming, as the poor service means many canteens are not cost effective.

Not sure whether they’ll go the whole hog and get rid of them at this stage, as the Colleague feedback in the stores they trialled this in was pretty bad (as you’d expect)

Personally I’d be surprised in 5 years time if there was more than a breakfast offer in the smaller stores.

m360

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Re: 2019 Structure Changes
« Reply #35 on: 19-12-18, 10:09PM »
I would like m360 to comment on the fact that a number of store managers in extra stores have told the night team to identify good xmas temps to keep on and make permanent. When has this ever happened in January?? Does this mean that they plan to get rid of the night lead manager by the start of the new financial year? Who knows?? Somethings coming down the line. Watch this space!!

Sorry, I’ve got no idea how you’re getting from keeping temps on to the night manager role going.

They’ve got nothing to do with each other.

m360

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Re: 2019 Structure Changes
« Reply #36 on: 19-12-18, 10:18PM »
The 1.5 billion reduction in cost base was split into 3 components that were directly addressable;
Store operating model - 550 million
Logistics and distribution - 450 million
Goods not for resale - 500 million

The graph of projection for this shows a slow down to it's conclusion next year. If we look at what's happened since 2014 we can see store operating model was one of the first to be addressed, so there would be no business sense in keep revisiting it. Naturally with the Booker merger we can see the other 2 reaching their conclusion, so people in the stores should stop panicking.


Business rates/energy cost increase/rent increases annually, pay rises and extremely tight margins mean the business has to save several hundred million £ per year just to stand still.

There will need to be further savings every year unless we relax the profit target or become less competitive on price (neither of which I see happening).

m360

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Re: 2019 Structure Changes
« Reply #37 on: 19-12-18, 10:22PM »
Can M360 post anything they know will happen next year. Dave had a 5 year restructuring plan that we are not at the end of. It follows more changes will follow.

Nothing has been signed off yet.

SDs have a 2 day meeting in January to discuss changes for 2019/20

I’m not going to speculate until there’s facts to share.

Dougall

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Re: 2019 Structure Changes
« Reply #38 on: 20-12-18, 11:54AM »
SD’s in large or convenience

londoner83

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Re: 2019 Structure Changes
« Reply #39 on: 21-12-18, 08:01AM »
SDs in large going.....unsure about convenience

m360

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Re: 2019 Structure Changes
« Reply #40 on: 21-12-18, 09:51AM »
No evidence around that.

fatboy

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Re: 2019 Structure Changes
« Reply #41 on: 21-12-18, 10:14AM »
Too many people speculating again without any concrete evidence to back up the claims.

Dougall

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Re: 2019 Structure Changes
« Reply #42 on: 21-12-18, 01:07PM »
M360 Londoner meant they are going to the meeting ...

m360

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Re: 2019 Structure Changes
« Reply #43 on: 21-12-18, 10:07PM »
Ahhhh, ok apologies.

Dougall

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Re: 2019 Structure Changes
« Reply #44 on: 21-12-18, 10:59PM »
Are both formats attending meeting?

VladPutin

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Re: 2019 Structure Changes
« Reply #45 on: 22-12-18, 08:21PM »
I doubt they will make significant structural changes until they see how Brexit plays out. No Deal would have a massive impact - we all know how fragile supply chains are - and they will, or at least should, be keeping all options open.

londoner83

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Re: 2019 Structure Changes
« Reply #46 on: 22-12-18, 11:38PM »
Business Rate/Minimum wage rises will drive any cost cutting plans due in 2019. A no deal Brexit will make any planned cuts even deeper

1

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Re: 2019 Structure Changes
« Reply #47 on: 24-12-18, 04:30PM »
"structure changes" are nothing new. Can people provide facts instead of speculation.

Walker

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Re: 2019 Structure Changes
« Reply #48 on: 29-12-18, 08:22AM »
No one knows any facts yet.

Dougall

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Re: 2019 Structure Changes
« Reply #49 on: 30-12-18, 08:39PM »
M360 is dual siting on any agenda ?