Sainsbury’s is cutting 500 head office jobs and reducing office space in London
ainsbury’s will be cutting 500 functions at its headquarters, including London, as part of a reorganization, the company has announced.
The supermarket giant said managing director Simon Roberts told employees about the major restructuring that is part of a new strategy to help the company invest more money in groceries.
He confirmed that the restructuring will affect the retail, human resources, supply chain and logistics, technology, and general goods and apparel teams. A total of 1,150 roles are affected, but the loss of jobs is 500 if others are newly inserted.
The company will also reduce its office space by reducing its office space by one floor in its Manchester office and by two floors in its central London location, Holborn.
An online packaging center in Bromley-by-Bow, east London, will also close in June, affecting 650 jobs. However, the supermarket hopes to move most of the staff to neighboring stores.
Mr. Roberts said, “Our new plan puts groceries first and will create a simpler, more nimble and more efficient business.
“With the money we save, we can invest in what customers really care about – lower prices, exciting new products, and the most convenient shopping opportunities.
“I know change is difficult, but in order to do the best possible job for our customers, it is important that we adapt.
“I understand that this will be a very difficult time for colleagues who are affected and we will do everything we can to fully support them.”
The announcement comes a week after rival Asda announced consultations with around 5,000 employees.