“These are difficult decisions to make, but they are necessary to ensure we remain focused on delivering value for our customers wherever we can, as well as ensuring our store offer reflects what our customers value the most,” said Tesco’s UK and Ireland boss Jason Tarry.
Source link Tesco is facing major upheaval as store closures and job cuts have been announced. The supermarket giant has warned that it could cut more than 2,000 jobs across its stores and head office.
The cost-cutting measures are being carried out as a result of a major restructuring that is underway, with the goal of making the company more competitive in the face of growing competition from the likes of Aldi and Lidl.
The jobs at risk include store staff, supervisors, bakery staff, and other administrative employees, mostly based in the UK. The majority of the roles at risk are located in the Midlands and North of England, as well as parts of Scotland.
Tesco’s Chief Executive, Dave Lewis, has said that the job cuts are “never an easy decision” and insists that the company has done everything it can to ensure that those affected can find new jobs locally. The company has also indicated that no store will close unless a suitable alternative role has been identified and offered to the affected staff.
It remains to be seen how the job cuts will impact on Tesco’s workforce, with many employees reportedly feeling anxious about their futures. The union Usdaw has also expressed concerns, saying that the cuts could have a “devastating effect” for Tesco’s staff.
For now, Tesco is forging ahead with its plans to make the company more efficient and competitive in the ever-changing retail landscape. Whether or not these measures will be successful remains to be seen.