Evans Cycles to axe 300 staff and move remainder to zero-hour contracts in cost-cutting measures

The well known cycling store is expected to make more than 300 staff members redundant before announcing the new contracts

Evans Cycles will make more than 300 staff members redundant as well as adding the remaining employees to zero-hour contracts as the company looks to cut costs as much as possible, according to reports.

The shop was bought out of administration by Sports Direct owner Mike Ashley's Frasers Group in 2018, which saw the store numbers drop from 62 to 55.

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