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John Lewis Chair Receives 21% Pay Rise Amid Job Cuts

4/8/2026

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Story summary
  • Jason Tarry, chair of John Lewis Partnership (JLP), got a 21% pay rise to £1.2 million last year.
  • His total pay reached nearly £1.26 million, including a £22,700 bonus.
  • JLP employs 65,700 people, down from 69,000, after 3,300 cuts at Waitrose and John Lewis stores.
  • In March, JLP announced plans to boost efficiency through technology.
  • The company paid workers a first-time bonus in four years, as profits rose 6%.