Sainsbury's cutting 2,000 jobs in UK
Sainsbury`s is consulting on measures that would lead to a loss of 1,400 jobs by removing all in-store human resource and payroll clerk roles, the spokesman said. http://bit.ly/2ysgfN2
Some 600 further job losses will come from a restructuring to consolidate human resource and other support roles, the statement added.
"Following a comprehensive review, we are proposing some updates to our HR structures and systems, as well as changes to a number of other support roles, subject to consultation," the spokesman said.
Sky News had earlier reported the UK-based supermarket group is cutting 2,000 jobs.
The rise of privately-owned budget chains Aldi and Lidl has transformed the competitive landscape of British food retailing over the last decade, driving down the returns of Britain`s big four players - market leader Tesco, Sainsbury`s, Asda
Sainsbury`s was considering cutting 1,000 jobs as part of a drive to save 500 million pounds ($659 million) in costs, media reports said in August.
In March, the company had revealed it was cutting 400 jobs in a restructuring of its store operations.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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