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The operator of department-store chain John Lewis and grocer Waitrose said it cut the bonus to reduce debt, maintain investment and retain cash as it wrestles with uncertainty over the economy and ...
John Lewis is poised to reinstate its prized staff bonus for the first time in four years after upbeat trading put it on course for higher profits.
John Lewis will scrap lifetime perks for its long-serving staff who leave as early retirement figures in Britain rise. Loyal employees have been told to expect changes to their benefits packages ...
John Lewis will not pay out an employee bonus despite a strong uplift in annual sales and profits, saying that it needs to invest further in its turnaround plan. The employee-owned group, which ...
Despite a significant turnaround, in which the retailer tripled its profits before tax and exceptional items to £126m in the year to January 2025, staff were told that they would not receive their ...
John Lewis plans to eliminate lifetime perks for long-serving staff who leave the partnership, as Britain experiences a surge in early retirement. Source: John Lewis Partnership According to The ...
The John Lewis Partnership remains determined to reinstate its employee bonus “as soon as possible”, in light of renewed calls from thousands of current and former workers to bring back the annual ...
John Lewis has announced that its staff will not receive a bonus, despite a 73% jump in profits. This will be the third year in a row that its staff will not receive a bonus. Instead, the retail giant ...
John Lewis initially pressed pause on the payouts for its 69,000 staff in 2020 - the first time since 1953 - as it was hit by pandemic lockdown store closures, and has not paid a bonus to staff ...
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