Sainsbury to Cut Over 200 Corporate Positions
The grocer said it would go from five main business units in its trading division to three: nonfood, grocery and fresh food. As a result, certain overlapping positions would be cut.
The announcement came just 10 days after chief executive Justin King told investors no significant job cuts were planned. The company still says that it will add as many as 5,000 staffers this year through store base expansion. Sainsbury employs 150,000 people across the United Kingdom.