Sainsbury’s streamlines 800 jobs as price war intensifies
Sainsbury’s is to cut 800 in-store jobs across the UK as it looks to lighten the load as the price war continues to take its toll.
The retail chain, which axed 500 head office roles at its support offices in Manchester, London and Coventry in January, is continuing its £500m management restructuring process.
Roger Burnley, Sainsbury’s retail and operations director, said: “These are exceptionally difficult decisions to make and we have not taken them lightly.
“I recognise that this will be a challenging time for many of our colleagues and we will do everything we can to support them and help them move through this period of uncertainty as quickly as possible.”
Across the board, cuts are occurring at the biggest stores.
Morrisons last week cut 720 head office jobs to supplement 5,000 new customer-facing staff in-store.
On top of that, Tesco reported its largest ever loss of £6.4bn on Wednesday, signalling that more is to come from the price war.
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