THG moves to reduce headcount


THG moves to reduce headcount

THG has advised staff that 180 jobs are at risk of redundancy as it moves to close its OnDemand division. The business is also expected to close ProBikeKit, a brand it acquired in 2013.

A THG spokesperson said: “Following a strategic review of our OnDemand division, as announced in THG’s trading upate of 17 January 2023, we can confirm that we are proposing to discontinue operations in the OnDemand division across all sites. We are currently consulting with impacted colleagues and will take steps to minimise the number of redundancies.

“We are also consulting with certain colleagues in THG Studios where, following the closure of OnDemand, we expect associated workflow to reduce proportionately.”

The business says that it has been reviewing lossmaking categories and territories within its OnDemand division since January and that this has resulted in the elimination of 2000 jobs.

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