Sainsbury’s will cut thousands of store management jobs as part of a major shake-up as it aims to “meet the challenges of today’s retail environment”.
The British chain said it would axe managerial positions in its convenience stores and supermarkets across the UK.
The announcement comes a day after rival Tesco revealed plans to improve efficiencies by placing 1,700 jobs at risk. It said it will support those employees affected to find alternative roles within the business wherever possible.
Earlier this month, Sainsbury’s announced it was on track to achieve £185 million of savings this year. It aims to save £500 million over the next three years, partly through widespread redundancies.
Sainsbury’s retail and operations director Simon Roberts said: “We’re proposing a store management structure that will deliver best in class leadership and, in many cases, will offer an improved reward package for new management roles.
“The proposals will introduce a more efficient and effective structure, designed to meet the challenges of today’s retail environment. They will deliver cost savings to be invested in our customer offer and in our colleagues as they continue to provide the very best service for our customers.
“Our intention is not to reduce overall headcount as a result of these proposals. I appreciate this will be a difficult time for those affected and we will fully support our people through these changes.”
© FoodBev Media Ltd 2024