UK: Tesco to 'axe 10,000 jobs'
Dave Lewis, Tesco’s new chief executive, is thought to be planning to remove team leaders within the chain’s larger stores, potentially affecting about 3,000 staff.
The latest round of cuts has emerged after Tesco said last month it would close 43 stores, with the loss of 2,000 to 3,000 jobs. It also plans to close its Cheshunt headquarters and restructure its Welwyn Garden City offices – a move likely to result in a further 3,000 job losses. Tesco began offering head office staff voluntary redundancy last week.
Sources said the scale of job losses as a result of the management changes in stores could be less than feared as Tesco hopes to find other roles for some of those staff, although it is unclear if alternative jobs will pay the same wage. A spokesman for Tesco declined to comment.
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