Tesco to cut 400 jobs as it follows Sainsbury's
- Tesco plans to cut 400 jobs at its distribution centre in Kent as part of a business simplification effort, affecting various roles including in-store bakeries and mobile phone shops.
- The closure of the Snodland distribution centre is under consultation, with staff being offered roles at a new, larger warehouse in Aylesford.
- Earlier this month, Tesco reported its biggest ever Christmas and an increase in its market share to the highest level since 2016, with a 3.7% rise in sales excluding fuel and VAT.
- These job cuts follow rival Sainsbury's announcement to axe around 3,000 jobs, as both companies seek more efficient ways of working in a competitive grocery market.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left2Leaning Right2Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage