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24 November 2008 @ 01:37 pm
BBC Business Editor Robert Peston said that "even on a best case outcome" for Woolworths, 20,000 of the firm's 30,000 UK workers could lose their jobs.

I'm beginning to wonder whether I'll be able to help out at work over Christmas after all. Although, of course, I have a personal stake in what happens to Woolworths, the thought of it going bust is really quite sad.
Meeko Nari and Jumejume on November 24th, 2008 05:13 pm (UTC)
oh wow, do you know what is causing this?
Tommokujatrance on November 24th, 2008 06:13 pm (UTC)
They've been underperforming for years. Like for like sales throughout the entire time I was there were almost always down on last year.

http://news.bbc.co.uk/1/hi/magazine/7741199.stm Decent article on why.