The British Sainsbury’s is preparing for serious downsizing
British grocery chain Sainsbury’s is making major cuts in the UK, cutting around 1,500 jobs.
The planned cuts will affect sales of general merchandise and clothing, while the company would focus on automation, with plans to save £1 billion over three years.
The decision affects Sainsbury’s head offices, contact centers and general merchandise networks, with a major impact on affected employees. The move may also affect many Hungarian workers working abroad, many of whom work in the British retail sector, such as Sainsbury’s supermarkets.
However, the company hopes to be able to transfer many of the affected employees to other positions. The decision is part of Sainsbury’s “Next Level Sainsbury’s” strategy, which aims to improve value, quality and service for customers.
Related news
The Globus canning factory in Debrecen announced mass layoffs
The Globus canning factory in Debrecen has announced significant staff…
Read more >Pessimistic retail sector, with expansion intentions
Tibor Bodor, the head of K&H Bank’s corporate division gave…
Read more >Related news
Strong brands, strong Hungary: the Ministry of National Economy actively supports the branding efforts of domestic businesses
Strengthening a tax system that supports the competitiveness of domestic…
Read more >GKI analysis: We can do something about economic vulnerability ourselves
The government’s “flying start” in 2025 would require a surge…
Read more >2025: the emphasis should be on quality instead of quantity
Zsolt Gyulay, Károly Gerendai, József Kreinbacher, Ráhel Orbán, Sándor Scheer,…
Read more >