Tesco to cut around 4,500 jobs in Metro restructuring

05 Août, 2019, 22:55 | Auteur: Auguste Feret
  • British supermarket chain TESCO logo. Getty Images

Tesco (TSCO.L), Britain's biggest retailer, said it would cut around 4,500 jobs from its Metro stores in a new wave of redundancies created to cut costs and reposition the group to compete in the highly challenging environment.

While there are no Tesco Metro stores in 1066 Country, a Tesco spokesman said the operational changes due to be made at Tesco Metro stores and the redundancies could also affect broader operations.

The latest job cuts will be at Tesco's Metro stores, largely found in city and town centres across the UK.

The company said in a statement: "The Metro format was originally designed for larger, weekly shops, but today almost 70% of customers use them as convenience stores, buying food for that day".

Tesco, both the biggest retailer and largest private sector employer in Britain, is restructuring operations in response to changing consumer habits, driven by the rise of online shopping and increased competition from discounters Aldi and Lidl.

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Again, at this stage it is not known which stores will be impacted.

Staff will also be expected to be more flexible, working across different departments and adding more focus on keeping stock levels high during busy lunchtime rushes, among other tasks.

Jason Tarry, UK and ROI CEO, said: "We do not take any decision which impacts colleagues lightly, but have to make sure we remain relevant for customers and operate a sustainable business now and in the future".

The jobs are in addition to 9,000 reductions announced earlier this year.

"We need the government to address the worries and concerns of shop workers and our members".

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