Tesco to axe 400 jobs across shops and head office
Tesco to axe 400 jobs across shops and head office
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Tesco is to cut abut 400 jobs across its stores and head office as part of plans to “simplify” the business. The UK’s largest supermarket chain said managers in its head office and Tesco Mobile phone shops, as well as staff at some of its in-store bakeries, will be affected.
Tesco said it is having to seek “more efficient ways of working” due to the increasingly competitive nature of the UK grocery industry. The cuts come a week after rival Sainsbury’s said it would axe around 3,000 jobs as part of a major overhaul. Matthew Barnes, Tesco’s UK boss, said: “These are difficult decisions affecting our colleagues, but we believe they are necessary to enable us to invest in what matters most to our customers.
