Home Business News Sainsbury’s to axe more than 3,000 jobs

Sainsbury’s to axe more than 3,000 jobs

by LLB staff reporter
23rd Jan 25 12:14 pm

Sainsbury’s are to cut more than 3,000 jobs and the supermarket is planning to close their in-store cafes which is part of a major overhaul for the business.

Sainsbury’s employs 148,000 people and around 20% of senior management positions will be cut as the supermarket will reduce larger roles and simplify their head office.

Simon Roberts, Sainsbury’s chief executive warned they are facing a “particularly challenging cost environment.”

He said: “As we accelerate into year two and beyond of our strategy, we are facing into a particularly challenging cost environment which means we have had to make tough choices about where we can afford to invest and where we need to do things differently to make our business more efficient and effective.

“The decisions we are announcing today are essential to ensure we continue to drive forward our momentum but have also meant some difficult choices impacting our dedicated colleagues in a number of parts of our business.

“We’ll be doing everything we can to support anyone impacted by today’s announcements.”

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