A MAJOR furniture retailer with 400 workers is set to axe staff amid financial “challenges”.
Sterling Furniture has announced cuts as it plans to “restructure” following UK tax hikes.
The family-run firm, which was founded in 1974, said it will do “everything possible” to minimise job losses.
The retailer has stores in Aberdeen, Dunfermline, Edinburgh, Glasgow, Tillicoultry and Uddingston.
In a statement, Sterling said: “In response to challenges in the evolving retail landscape, including the additional tax burden announced in the recent budget, we have been forced to take difficult decisions to safeguard the future of the company.
“Regrettably, after conducting a comprehensive review of our operations and staffing levels, we have determined that restructuring and redundancies are necessary to ensure our long-term viability and success.
“The well-being of the affected staff is our main priority, and we fully acknowledge the impact these redundancies will have.
“We will do everything possible to minimise job losses and, where feasible, support employees in exploring alternative roles within the organisation. We are committed to helping them through this process to ensure a smooth transition.”