Wilko warns nearly 4,000 staff could lose jobs - News Summed Up

Wilko warns nearly 4,000 staff could lose jobs


Wilko, the high street homewares and households goods chain, has warned almost 4,000 of its employees that they could lose their jobs in a shake-up that will strip out a layer of management. Wilko, which recorded an 80% drop in full-year profits last month, said it had placed 3,900 staff working as stock supervisors, till supervisors and assistant managers, into consultation, which could lead to redundancy. The 18 stores facing staff cuts include branches in Halifax in West Yorkshire, Broadstairs in Kent and the Basildon Eastgate store in Essex. Sainsbury’s is cutting more than 1,000 jobs at its head office as part of an efficiency drive designed to save £500m. Tesco, the country’s biggest supermarket, announced in June that it was cutting 1,200 jobs at its head office and 1,100 at a call centre.


Source: The Guardian August 11, 2017 12:00 UTC



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