UK-based retailer Wilko has announced plans to reduce its workforce by over 1,300 more employees. This decision comes as part of the company’s ongoing efforts to streamline operations and adapt to changing market dynamics. Wilko has faced challenges in the retail sector, exacerbated by the impact of the COVID-19 pandemic. The job cuts are a response to the need for cost reduction and improved operational efficiency. While this move is expected to bring economic benefits to the company, it also underscores the broader challenges facing the retail industry and the toll on employment in the sector.