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UK supermarket Sainsbury’s plans to cut 1,500 roles

by Riah Marton
in Leadership
UK supermarket Sainsbury’s plans to cut 1,500 roles
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BRITISH supermarket group Sainsbury’s said on Thursday (Feb 29) it plans to cut about 1,500 roles, as it seeks cost savings to invest back into the business.

Sainsbury’s, Britain’s second-largest grocer after Tesco, said the jobs will go at its store support centre, its contact centre operations, in its in-store bakeries and in its general merchandise fulfilment network.

The group, which employs about 152,000, said where possible it will find alternative roles for impacted staff.

The changes form part of the group’s new “Next Level Sainsbury’s” strategy, which CEO Simon Roberts detailed earlier this month.

That set a new cost savings target of £1 billion pounds (S$1.7 billion) over three years. REUTERS

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Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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