Jobs at risk at Wilko, which has stores in Ipswich, Colchester and Bury St Edmunds

Picture: ANTONY KELLY

Picture: ANTONY KELLY - Credit: Archant

Thousands of jobs at retailer Wilko are at risk after the firm confirmed it has entered redundancy consultation with nearly 4,000 staff, weeks after bemoaning a rise in costs as a result of the pound’s Brexit-induced collapse.

The discount chain said, following a review of its operating functions, changes are required to “ensure it is best placed to continue to thrive within an ever-changing retail landscape”.

Wilko, which has stores in Ipswich, Bury St Edmunds and Colchester, said it is consulting with 3,900 of its store supervisory team about a new management structure, alongside trade union the GMB.

It added that 1,000 new senior supervisor roles will be created as part of the shake-up, as well as a “significant amount” of customer service roles.

The move comes after Wilko posted an 80% plunge in pre-tax profits to £5.1 million in the year to January 28.

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter