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Irish Book Shop Eason Plans To...

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Irish Book Shop Eason Plans To Cut 150 Jobs

Emma Tyrrell
Emma Tyrrell

09:56 26 May 2020


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Irish book store Eason plans to cut 150 jobs.

On the back of a drop in revenue after stores closed because of the coronavirus, the company says it needs to reduce its costs by 30 per cent.

It says the lay offs will focus on employees with less a years service, while the retailer has also written to landlords looking for substantial rent reductions over the next 12 months.

Eason says it is also engaging with local authorities around reductions in rates.

The Irish owned company says there has been a significant jump in online sales, delivering more than 80 per cent of the total book revenues compared to last year.

But is says the "success in online and changes in consumer behaviour underline the significant challenges faced."

A number of Eason franchise stores reopened on May 18th, while company-owned outlets are to begin reopening from June 10th.

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