Furniture chain to cut jobs to ‘ensure viability’ amid national insurance hike

Furniture chain to cut jobs to ‘ensure viability’ amid national insurance hike
Share:
Furniture chain to cut jobs to ‘ensure viability’ amid national insurance hike
Author: Ryan McDougall
Published: Feb, 19 2025 16:23

Summary at a Glance

A spokesperson for Sterling Furniture said: “In response to challenges in the evolving retail landscape, including the additional tax burden announced in the recent Budget, we have been forced to take difficult decisions to safeguard the future of the company.

Sterling Furniture group, which employs around 400 staff, says it made the decision in response to the upcoming increase to employer national insurance contributions.

Scotland’s largest furniture retailer is making redundancies in response to “challenges” facing businesses in the sector.

The company was founded in 1974 by George Knowles and currently has seven stores, in Tillicoultry, Glasgow, Aberdeen, Edinburgh, Dunfermline, Uddingston and Dundee.

“Regrettably, after conducting a comprehensive review of our operations and staffing levels, we have determined that restructuring and redundancies are necessary to ensure our long-term viability and success.

Share:

More for You

Top Followed