The future of a popular department store in Buckinghamshire could be at risk following job cuts and the slashing of redundancy packages.

Landmark British business the John Lewis Partnership announced significant cuts earlier this month including up to 11,000 job losses after making a loss of over £200 million last year.

Earlier this week it was also reported that the retailer was planning to halve staff redundancy pay as part of a transformation plan originally launched in 2020.

Despite the seemingly troubled position of the group, which also runs the Waitrose grocery business, a spokesperson has confirmed that a popular local store on Holmers Farm Way in High Wycombe is unlikely to be impacted by the upcoming cuts, describing it as a "highly successful branch".

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It was announced earlier this month that the John Lewis Partnership's redundancy pay package, which gives workers two weeks of redundancy pay for every year at the business, will be reduced by half to provide one week of pay per year as a partner, in addition to statutory redundancy pay.

The group said it would also change the plan so that the minimum redundancy payment is four weeks of salary, up from a current minimum of one week. 

A spokesperson told the PA News Agency that the changes would "allow us to invest more in our partners still within the business".