Hot on the heels of supermarket leaders Asda, Tesco, and Morrisons, British household name Sainsbury’s, which employs more than 160,000, has just well as across management teams. The plan is the supermarket’s response to the crisis hitting the sector that has seen years of plummeting sales.
Supermarket chain Sainsbury’s is looking to save 500 million GBP (695 million €) over three years. To do this it will have to lay off 800 staff. What is unusual about the layoffs is that already in January 500 office jobs were cut and now this tranche of 800 job cuts is expected to come from laying off heads of departments and their assistants. Those now facing redundancy will be given an opportunity either to accept voluntary departure conditions, or agree to be redeployed within the group...
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