Sainsbury’s to cut 2,000 jobs in cost-saving drive

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Sainsbury’s has said the idea will cut up to 2,000 jobs by its human resources staff as part of plans to reduce costs.

The UK’s second biggest supermarket chain says the “difficult decision” will affect roles in stores, as well as inside the company’s central offices.

the idea plans to make 1,400 payroll along with HR clerks redundant along with different improvements could see another 0 posts removed.

Sainsbury’s will be looking to save £500m amid fierce competition by discounters along with rising food costs.

The majority of the headcount losses will be by within its supermarket stores.

The 0 roles on which the group will be consulting are predominantly HR roles across the supermarket chain, its newly acquired Argos chain, as well as Sainsbury’s bank.

Sainsbury’s also owns Habitat, along with employs nearly 0,000 people in total.

the idea said the idea could offer affected staff alternative roles wherever possible, or redundancy packages.

Shopworkers union Usdaw said the idea could support Sainsbury’s staff along with look at the company’s business case for the plans.

Discounts along with competition

Sainsbury’s said last November the idea aimed to reduce its running costs by £500m within three years. Earlier This particular year, in March, the idea said the idea could cut 400 jobs.

Its biggest rival Tesco will be also shrinking its headcount. Tesco said in June which the idea could cut 1,0 jobs by its head office, just days after revealing which more than a thousand jobs were going at its Cardiff call centre.

All the big established grocers are juggling rising costs along with increased competition by the discounters.

Analysis: Emma Simpson, business correspondent

the idea’s hard to keep pace with the scale of cost cutting along with restructuring underway at Britain’s biggest grocers.

They’re facing a perfect storm of rising costs along with changing shopping habits.

along with with the competition still cut throat by the discounters, they can’t afford to recover those costs by putting up prices too much for the consumer.

Sainsbury’s along with its different main rivals are all trying to reduce operating costs along with simplify their businesses to make them more efficient. the idea’s a big, structural, shift along with painful for all those affected.

Figures released earlier on Tuesday by Kantar Worldpanel showed Lidl along with Aldi adding sales inside the double digits, while established giants were growing sales by around 2%.

Even so, Tesco has 28% of the UK’s grocery market, while Sainsbury has just short of 16%.

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Sainsbury’s latest figures, released in July, were its best in four years, with same store sales up by 2.3%.

A Sainsbury’s spokesman said the UK grocery market was “changing at a rapid pace” along with meant the firm needed to “transform the way we operate”.

He said the supermarket was proposing updates to its HR systems along with improvements to quite a few different support roles as part of a consultation.

“This particular has been a difficult decision along with we appreciate which This particular will be a tough time for those colleagues affected by the improvements. We will support them in any way we can,” he added.

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