Internal restructuring
United Kingdom
Location of affected unit(s)
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.5 - Retail sale of other household equipment in specialised stores

200 jobs
Number of planned job losses
Job loss
Announcement Date
4 November 2008
Employment effect (start)
Foreseen end date


Homebase, a retailer of home improvement equipment and member of the Home Retail Group, is to cut 200 jobs across the UK as a reaction to a steep decline in demand. The cuts are part of a wider cost-reduction plan announced by the company a month ago. The company aims to cut costs by £40m in the current year. As of November 2008 there is no information on when the job losses will be implemented by.


  • 5 November 2008: The Guardian
  • 4 November 2008: Financial Times


Eurofound (2008), Homebase, Internal restructuring in United Kingdom, factsheet number 67349, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67349.