UK retailer Tesco restructuring threatens 9,000 jobs

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AFP London
Last Updated : Jan 28 2019 | 10:40 PM IST

Up to 9,000 jobs are at risk as part of a restructuring programme announced by British supermarket giant Tesco on Monday.

"Overall, we estimate that up to 9,000 Tesco colleague roles could be impacted, however, our expectation is that up to half of these colleagues could be redeployed to other customer-facing roles," the supermarket said in a statement.

The retailer, which employs around 300,000 workers in Britain, told staff on Monday of the changes being made as part of the longer term "turnaround" launched four years ago.

"In our four years of turnaround we've made good progress, but the market is challenging and we need to continually adapt to remain competitive," said Britain and Ireland CEO Jason Tarry.

"This will impact some of our colleagues and our commitment is to minimise this as much as possible and support our colleagues throughout."

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First Published: Jan 28 2019 | 10:40 PM IST

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