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Sainsbury’s to cut hundreds of jobs in latest shake-up | Business News

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Sainsbury’s says it is to cut “hundreds” of management jobs, building on a cull of senior roles last year.

The retailer blamed continued integration of Argos, which it bought in 2016, into the supermarket chain’s stores.

It refused to give clarity on the total number of people involved but said the announcement represented the “finalising” of new leadership structures and the merging of its Store Support Centre teams.

Sainsbury’s announced a year ago that it was offloading a wave of senior in-store and leadership workers – placing thousands of jobs at risk.

In Tuesday’s update it said: “Since the start of this financial year (March 2019) Sainsbury’s senior leadership team has been reduced by over 20%.

“Bringing together more teams in Commercial, Retail, Finance, Digital, Technology and HR will lead to a reduction of hundreds of management roles across the business.”

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