Complex sentence: On 10 February 2010 administrators announced that there would be 496 job cuts in the company's head office and distribution depot: it was anticipated that there would also be 196 store closures, resulting in further job losses.
Split into simpler sentences: On 10 February 2010 administrators announced that there would be 496 job cuts in the company's head office and distribution depot. It was anticipated that there would also be 196 store closures, resulting in further job losses.