Head office staff were told via an email made available to The Grocer to meet MD Klaus Raettig outside the boardroom at its HQ in Manchester at 9.30am yesterday morning for a briefing on changes to the business. "Please cancel any meetings scheduled for tomorrow and ensure that you're in head office," the email read.
It is understood that the majority of regional sales managers will lose their jobs and that the sales headcount will be cut from 170 to about 80. Regional HR managers will either be asked to leave or take a lower position, and all recently recruited store-level HR managers will be asked to leave, a source said. It is also understood that Makro's four business divisions will be cut to three.
A spokesman said Makro "would not comment on rumour and speculation".
Last week, parent company Metro Group appointed restructuring specialist Juergen Schwartze to start as Makro MD in October. The news came just seven weeks after consultants from AlixPartners, including current MD Raettig, were brought in as all but one of the previous board members departed.
The current management has agreed an 18-month deadline with Metro to turn a profit and the company insists it has no plans to leave the UK.
Makro has racked up losses of more than £100m in the past four years.