Sainsbury’s to cut 3,000 jobs and shut in-store cafes

Yorkshire Post

Sainsbury’s has announced it will cut more than 3,000 jobs and plans to shut its remaining in-store cafes as part of a major overhaul. The headcount reduction represents about 2% of the company’s current 148,000-strong workforce.#sainsburys

Transcript

00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post. I bring

00:04you some major breaking business news. Sainsbury's has announced it will cut more than 3,000

00:10jobs and plans to shut its remaining in-store cafes as part of a major overhaul. The headcount

00:17reduction represents about 2% of the company's current 148,000 strong workforce. It will

00:24see about 20% of senior management roles cut at the supermarket giant as part of plans

00:29to focus on fewer, bigger roles and to simplify its head office and its management teams.

00:35The retailer also said it has decided to close its remaining 61 Sainsbury's cafes, subject

00:41to consultation. So, a major update from Sainsbury's, it's announced it will cut more than 3,000

00:47jobs and plans to shut its remaining in-store cafes as part of a major change in the business.

00:54My name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.

Category

Transcript

Recommended