Primark, which owns Penneys, is set to reduce its workforce by about 150 positions across Ireland, the UK, and the US, reports RTE.
Of those, nearly 100 jobs are expected to be eliminated at the company’s head office in Dublin.
This figure amounts to roughly 7% of the 1,500 employees working at Primark’s international headquarters in Dublin, reports RTE.
The cuts are targeted in departments such as human resources, finance, and procurement, and are related to a plan to transfer certain support functions to an external provider.
It is believed that the external provider involved is Accenture, based in Mumbai, reports RTE.
“As we continue to grow internationally, we need to evolve our operating model to best support this ambition,” a Primark spokesperson said.
“We’re exploring how resourcing via external partners could help support our operations so that we can focus our own resources on what we do best,” reports RTE.
“As part of this, we are now proposing that a number of support function activities move to a third party and we are beginning a collective consultation.”
“This unfortunately will impact a number of Primark colleagues primarily in our head office operations,” reports RTE.
The company emphasized that the choice was not made lightly.
“We understand how difficult this news is for those colleagues affected and we’ll be working to support them as best we can,” Primark said, reports RTE.
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