Woolworths to re­main

Whitsunday Times - - LOCAL NEWS -

WOOLWORTHS stores in the Whit­sun­day region will not be af­fected by the clo­sure of 17 ma­jor stores across Aus­tralia.

On Monday, the re­tail gi­ant announced it would close 21 stores in to­tal, four of which are in smaller metro ar­eas.

A Woolworths spokesper­son said 500 jobs would be cut across the busi­ness but th­ese would be lo­cated in the head of­fice in Sydney or in a dis­tru­bi­tion cen­tre in Victoria, which is set to close in 2019.

The job cuts are ex­pected to cost the com­pany $35 mil­lion in re­dun­dancy pay­ments.

It is still un­known which stores will be shut­ting down.

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