A further 350 jobs are at risk as they will be closing eight pharmacies and also reducing the opening hours of in-store Post Offices. This means that every time you visit this website you will need to enable or disable cookies again. Tesco confirms 1,600 workers at risk of redundancy This is the latest cost cutting initiative from Tesco, which has also brought in more automated tills and is reducing its number of suppliers. Latest job losses come on top of cuts to fishmonger, butcher, baker and counter staff. Rival supermarket Sainsburys announced a similar restructure last year, closing a large number of in-store cafes and hot food counters. Service. Most populous nation: Should India rejoice or panic? "We will be working hard to make sure that any members potentially affected by these proposals are supported at this difficult time and throughout the consultation period. They then proceeded to threaten my friend with legal action if the money was not repaid. Privacy policy Or by navigating to the user icon in the top right. Around 1,000 people . Here's everything you need to know about the job cuts including what parts of Tesco are closing, what the new management restructure is and how many jobs will be lost. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service. The job cuts come only months after thesupermarket cut 1,400 jobs back in February. 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As always you can unsubscribe at any time. A Complete Guide to UK Severance Pay & Packages | Personio However, the supermarket chain will only buy the intellectual property and brand, not the shops, so more than 800 jobs at the card retailer are still at risk. The restructuring moves come despite the company telling shareholders last month that it expects to post record profits of more than 2.6 billion for the current financial year. Fishmonger, butcher and baker jobs at the retailer were expected to be at risk, along with counter staff. Tuesday. To get set up, theyd used their credit card to buy some of the things they needed for their new home. Tesco is in the midst of trying to save 1.5bn as the competition between supermarkets intensifies. If shed still been job-hunting, our Customer Support Team would have discussed how we could continue supporting her. 2023 Tescobank.com. Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first. Hes getting richer whilst others are getting poorer! Around 1,000 in-store Tesco managers accept redundancy rather - CityAM Sponsored. ATescospokesperson said:Last month we announced some changes to a small number of roles in our office and regional teams, to ensure our business is as simple and efficient as possible, and so we can continue to invest for our customers. <link rel="stylesheet" href="styles.19a9de416c84f9a6.css"> Please enable JavaScript to continue using this application. |. Post a job Thanks What area do you work in? The changes in our Metro stores will be focused on better tailoring them to how our customers shop, it said. She regularly contributes to Personnel Today and writes features for a number of national business and membership magazines. Ian Payne is Leading Britain's Conversation. It comes after the retailer confirmed plans to close its Jacks discount supermarket arm, Our free email updates are the best way to get headlines direct to your inbox. Closed - Opens at 9 AM. The supermarket chain said it was responding to changes in customers habits, including a shift towards using the larger Metro stores for convenience shopping rather than large weekly food shops. The countrys largest supermarketposted a 413m pre-tax profit in its first half, down 64% on the previous year when shoppers flocked to supermarkets amid Covid lockdowns. She has hosted many webinars for Personnel Today, on topics including employee retention, financial wellbeing and menopause support. You can also make a claim online or find out more about making a claim. For children aged 10 to 11, 44.8 per cent were found to be overweight or obese in Nottingham. The changes we are announcing today will help us do this. Cables Retail Park, Steley Way. Jo is also the author of 'Good Work, Great Technology', published in 2022 by Clink Street Publishing, charting the relationship between effective workplace technology and productive and happy employees. Tesco has announced changes to overnight roles at a number of supermarkets and petrol station stores in a move that will put more than 1,400 workers at risk of redundancy. It is also making some changes in 134 of its 1,750 Express stores, where customer footfall is lower. The move is part of chief executive Dave Lewis's plan to slash Tesco's overheads.. As previously reported by Retail Week, the grocer has already revealed plans to shutter 43 of its stores and shelve 49 planned developments.. The Metro format was originally designed for larger, weekly shops, but today nearly 70% of customers use them as convenience stores, buying food for that day.. 4am - 7am.