Sainsbury’s Cuts 3,000 Jobs as Supermarket Seeks Cost Savings
J Sainsbury Plc will axe 3,000 staff across the business and close its remaining cafes, as Britain’s second-largest supermarket steps up a cost-saving drive after Labour’s revenue-raising budget.
Sainsbury’s to cut 3,000 jobs as rising costs hit business
J Sainsbury is axing 3,000 jobs, including senior managers, as the UK’s second-largest supermarket chain accelerates cost-cutting after the Labour government increased taxes on employers in its October Budget.
Sainsbury's to cut 3,000 jobs and shut cafés
Sainsbury's has announced it will cut 3,000 jobs as it shuts down its remaining cafés and closes its patisserie and pizza counters. The supermarket says the move will "simplify the business", adding that most Sainsbury's shoppers "do not use the cafés regularly".
Sainsbury’s Job Cuts Just the Start as Costs Soar in UK Retail
Britain’s retailers face having to cut more jobs, drive harder bargains with labor unions and stagger pay increases to absorb the shock tax rises in the government’s revenue-raising budget that kick in this year.
Sainsbury’s to Cut More Than 3,000 Jobs
The grocer said the layoffs are part of a simplification of its central divisions and management structures, and include a 20% reduction of senior management roles.
UK Supermarket Sainsbury's Cuts Jobs As Tax Hike Looms
Sainsbury's, Britain's second-biggest supermarket chain, announced Thursday plans to cut more than 3,000 jobs in the face of a "particularly challenging cost environment", as UK businesses face impending tax increases.
Full list of Sainsbury's cafe closures after supermarket confirms 3,000 job cuts
Sainsbury’s is set to cut more than 3,000 jobs amid a major overhaul of its stores. The cuts mean the supermarket giant is slashing its workforce – consisting of 148,000 people – by 2% in an effort to ‘boost Sainsbury’s and Argos performance’,
Sainsbury’s job cuts: what investors should know about SBRY stock’s outlook
Sainsbury’s, the UK’s second-largest supermarket chain, is set to cut 3,000 jobs as part of a cost-cutting drive in the face of rising labor costs and a challenging economic environment. The job cuts will primarily affect the retailer’s hot food counters and cafes,
Sainsbury’s to axe 3,000 jobs as it warns of cost pressures
The cuts include a 20% reduction in senior management staff, which is understood to be linked to recent tax increases in the Budget.
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Sainsbury’s shoppers rushing to buy clearance sale items at branch scanning from just 10p
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J Sainsbury sets out stall in sterling bond market
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