Sainsbury's to shed 1,500 roles as cost-cutting starts in earnest
JSAIYSainsbury(JSAIY) Proactive Investors·2024-03-01 00:18

Sainsbury’s is to cut around 1,500 roles as it starts to unroll its plan to save around £1 billion of costs. The grocer flagged its cost savings target in a strategy update on 7 February without giving any details, but today said the cuts would be at its contact centre in Widnes, in-store bakeries and local fulfilment centres. “As we move into the next phase of our strategy, we are making some difficult, but necessary decisions,” chief executive Simon Roberts said. “I know today’s news is unsettling for aff ...