As part of the "next step in its transformation", Dixons has said it will close its 531 standalone Carphone Warehouse stores in the UK and focus on selling mobile devices in 305 big Currys PCWorld stores and online.
While 1,800 people working in them are expected to be able to find new jobs, the firm added it expects 2,900 redundancies as a result of the move.
"Dixons Carphone will go well beyond legal obligations in financial and other support for all affected colleagues," the firm said in a statement.
"There's never an easy time for an announcement like this, but the turbulent times ahead only underline the importance of acting now, to ensure a business fit for the future."
Chief executive Alex Baldock said: "Customers are changing how they buy technology, and Dixons Carphone must change with them. We're underway with a fundamental transformation to do so.
"Today's tough decision is an essential part of that, the next step in making our UK Mobile business a success for customers, colleagues and other shareholders."
As part of the "next step in its transformation", Dixons has said it will close its 531 standalone Carphone Warehouse stores in the UK and focus on selling mobile devices in 305 big Currys PCWorld stores and online.
While 1,800 people working in them are expected to be able to find new jobs, the firm added it expects 2,900 redundancies as a result of the move.
"Dixons Carphone will go well beyond legal obligations in financial and other support for all affected colleagues," the firm said in a statement.
"There's never an easy time for an announcement like this, but the turbulent times ahead only underline the importance of acting now, to ensure a business fit for the future."
Chief executive Alex Baldock said: "Customers are changing how they buy technology, and Dixons Carphone must change with them. We're underway with a fundamental transformation to do so.
"Today's tough decision is an essential part of that, the next step in making our UK Mobile business a success for customers, colleagues and other shareholders."
Source