Tesco to axe 1,200 head office jobs

Thrugelmir

Unrelated to Brexit as well.

Tesco plans to cut 1,200 jobs at its head office as part of a major cost-cutting drive.
The UK's biggest supermarket told staff on Wednesday morning about the cull, which amounts to a quarter of its workforce in Welwyn Garden City and Hatfield.
Tesco is implementing a turnaround plan that aims to reduce costs by £1.5bn.
The cuts come after the retailer said last week it would close a call centre in Cardiff at the cost of 1,200 roles.
Tesco said it was a "significant next step" in the reorganisation of the company.
"This new service model will simplify the way we organise ourselves, reduce duplication and cost but also, very importantly, allow us to invest in serving shoppers better," a spokesperson said.
Pauline Foulkes, national officer at shop workers' union Usdaw, said: "Tesco's head office staff are understandably very concerned that the company is proposing further large-scale job losses.
"Our priorities are to keep as many staff as possible in employment and to get the best possible deal for our members."

http://www.bbc.co.uk/news/business-40429659

A_Medium_Size_Jock

Thrugelmir wrote: »

Unrelated to Brexit as well.



http://www.bbc.co.uk/news/business-40429659

Tesco have been "rationalising" since their profitability reduced (read: they lost money) as announced 2015.
http://www.itv.com/news/2017-01-09/tesco-announces-1-000-jobs-to-go/
https://www.theguardian.com/business/2017/apr/05/tesco-jobs-risk-night-shifts
http://www.itv.com/news/wales/2017-06-21/1-100-tesco-jobs-could-go-in-cardiff/

As one loses out, another gains ground.
When was it ever any different?

Aldi plans to open up to eight stores in some UK towns

https://www.theguardian.com/business/2017/may/11/aldi-plans-uk-supermarket-for-every-30000-people

Lidl commits to the UK with 5,000 new jobs

http://www.telegraph.co.uk/business/2016/12/16/lidl-commits-uk-5000-new-jobs/

http://www.managementtoday.co.uk/why-aldi-lidl-will-keep-growing/article/1386497


IMHO something has to give, as it did in the recent past with DIY stores and the farewell of a few then-big names.
It will be interesting to see how this retail war develops; I suspect one major player will bow out before too long - but I don't think that it will be Tesco.

robin58

So what has got to do with housing apart from the fact they will have to find a new job.

I had to find new jobs after being made redundant by no fault of my own 3 times, so they will have to as well.

Thrugelmir

robin58 wrote: »

So what has got to do with housing apart from the fact they will have to find a new job.

Forum is the wider economy.

Owain_Moneysaver

The number of Tesco staff I see sitting idly at tills, or standing about gossiping ...

System

If it's so easy to dispense with1000 head office staff, then one wonders what they were doing in the first place. Presumably all necessary head office functions will continue to operate, so couldn't they have saved the money years ago, or never created the posts?

DiggerUK

Every little rise in unemployment helps..._