The UK electrical retailer is following the trend shown by other retailers, which involves axing some of their staff to cope with rising costs and tough trading conditions in the retail sector. Comet is planning on giving the pink slip to 100 of its employees.

Kesal Electricals, the owner of all 250 stores in the chain, including Comet, would scrap the role of deputy store manager and start a consultation period with the people affected this week.
Like other retailers, Comet is affected by a decline in the sale of high value items such as washing machines, dishwashers and fridges.

According to a Comet spokeswoman, the staff reduction proposal is aimed at facing highly competitive market conditions; the company is trying to find out alternative roles for the existing employees based on their abilities and experience. She informs that a decision regarding the job reduction is not yet finalised.
Comet has 10,000 strong staff, 202 of which are deputy managers.

Kesal Electricals’ chief executive, Jean-Noel Labroue, had last month stated that the sale of white goods was down by between 8 and 10 percent all over the UK.
According to Robert Clark, a senior partner from the market research firm Retail Knowledge Bank, since fewer people are shifting their houses, purchases of new washing machines and fridges are less likely to take place. He insists that retailers are taking the convenient route of axing their staff and closing unprofitable stores to lower costs.

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