You are here: Home » Reuters » News
Business Standard

Tesco cost cuts put 9,000 UK jobs at risk

Reuters  |  LONDON 

LONDON (Reuters) - Tesco, Britain's biggest retailer, could axe 9,000 jobs in its UK stores and head office with its latest move to simplify operations and achieve targeted cost savings.It estimated that half of that number of workers could be found alternative roles across the business, limiting the impact on staff. Tesco, Britain's biggest private sector employer with a staff of over 300,000, said the main change in its stores would be to its fresh meat, fish and delicatessen counters. It expects to close counters in about 90 stores, with the remaining 700 trading with either what it called ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, January 28 2019. 22:32 IST
RECOMMENDED FOR YOU