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 said the move would “simplify the business”, adding that “the majority of Sainsbury’s most loyal shoppers do not use the cafés regularly”.
Sainsbury’s also said there would be “an estimated 20% reduction in senior management roles over the next few months”.
Chief executive Simon Roberts said the business was facing a “particularly challenging cost environment”.
The retailer is in the middle of a plan to cut £1bn worth of costs and the chain had to make “tough choices”, said Mr Roberts.
It will shut down its remaining 61 cafés and, as well as pizza and patisserie, will also dispense with its hot food counters.
Instead it will make “the most popular items available in the aisle”.
A fortnight ago, Sainsbury’s said it would raise its average hourly pay by 5% to £12.60. But the wage increase will be introduced in two phases “to help manage a particularly tough cost-inflation environment”.
Jobs are opening up in the sports industry as teams expand and money flows into the industry.Excel Search &
Fired federal workers are looking at what their futures hold. One question that's come up: Can they find similar salaries and benefits in the private sector?
After two days of increases, mortgage rates are back down again today. According to Zillow, the average 30-year fixed rate has decreased by four basis points t
Julia Coronado: I think it's too early to say that the U.S. is heading to a recession. Certainly, we have seen the U.S. just continue t