Sobeys to cut 800 office jobs across Canada - News Summed Up

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Sobeys to cut 800 office jobs across Canada


The Sobeys grocery business will be cutting about 800 office jobs across Canada as part of efforts to create one efficient national organization out of five regional operations, the company announced Friday. However, the company has also been struggling for several years with problems arising from its acquisition of Safeway Canada — which gave Sobeys a much bigger presence in Western Canada. It also reported that Sobeys had achieved same-store sales growth in the first quarter of its 2018 financial year. It was the first time in 18 months that Sobeys had reported higher year-over-year sales at stores open at least a year. Loblaw, Sobeys and Metro have said they’re co-operating with the federal agency’s probe but details of the files have been sealed by court order, limiting their comments on the matter.


Source: thestar November 24, 2017 13:07 UTC



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