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Department Store giant Myer Holdings (ASX:MYR) has reportedly just completed yet another round of job cuts, this time to middle management.
Media reports today say the company has axed its head of electronics, its electronics business manager, and its national human resources manager.
It has also withdrawn unfilled job vacancies.
Myer gave a profit warning in February after weak summer sales, and the latest round of job cuts come amid more weak consumer spending.
In the six months to the end of January this year, Myer reported a profit of $106.76 million.
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Last
62.8¢ |
Change
0.008(1.21%) |
Mkt cap ! $1.088B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 63.3¢ | 62.0¢ | $648.7K | 1.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 282132 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 218336 | 18 |
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| Last trade - 12.01pm 12/08/2025 (20 minute delay) ? |
| MYR (ASX) Chart |