Mike McKechnie, who took up his post as chief executive of Jigsaw six months ago, is seeking to make the chain more competitive and increase occupancy at its nurseries while also slashing head office costs.
Last week Jigsaw announced planned cuts to full-and part-time rates at six of its nurseries. The new pricing structure is a trial and if it is effective it may be rolled out to other branches. The charges vary across the six nurseries, but the cost of a full-time place at the Shenley nursery will drop from Pounds 220 to 195 per week, while the day rate falls from 50 to Pounds 46. At Basingstoke, the price of a full-time place has dropped from 195 to 175, while the daily rate falls from 46 to 38, and at Harlow the full-time rate moves from 190 to 175, while the daily rate becomes 39 rather than 45.
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