tesco restructures management leading to job cuts
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Tesco restructures management, leading to job cuts

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Tesco restructures management, leading to job cuts

Tesco has been troubled in recent years
London - Al Maghrib Today

Supermarket group Tesco, Britain's largest retailer, announced Monday restructuring to its line-management, leading to job cuts and the creation of new roles.

The changes that will see 1,700 roles removed and 900 others created are a continuation of a restructuring programme initiated by chief executive Dave Lewis that has led to thousands of job cuts.

The latest shake-ups "remove complexity and will deliver a simpler, more helpful experience for colleagues and customers", said Matt Davies, chief executive of Tesco UK and Ireland.

"We recognise these are difficult changes to make but they are necessary to ensure our business remains competitive and set up for the future," he added in a statement.

Davies said Tesco hoped "to retain as many colleagues as possible in the new roles" and other current vacancies within the group.

Tesco has been troubled in recent years by an accounting scandal and fierce domestic competition from German discount chains Aldi and Lidl.

In a sign of its turnaround however, Tesco earlier this month announced a rise in sales over the key Christmas trading period, despite high UK inflation weighing on consumer incomes.

Tesco, which is the world's third-biggest supermarket chain after France's Carrefour and global leader Wal-Mart of the United States, is meanwhile close to completing a takeover of British wholesaler Booker, in a deal worth £3.7 billion ($5.2 billion, 4.2 billion euros).

Source: AFP

GMT 18:22 2018 Wednesday ,17 January

Citigroup says women have a pay gap of 1% compared to me

GMT 19:28 2018 Saturday ,06 January

US job gains disappoint, unemployment holds at 4.1%

GMT 15:38 2017 Tuesday ,26 December

More than 400 expats deported for violating labour law

GMT 14:08 2017 Tuesday ,26 December

Japan jobless rate lowest since 1993

GMT 18:24 2017 Saturday ,09 December

Vigorous US job creation continues in November

GMT 19:42 2017 Tuesday ,05 December

Facebook opens new London hub, creating 800 jobs

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tesco restructures management leading to job cuts tesco restructures management leading to job cuts

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 19:45 2017 Wednesday ,25 January

Israeli Navy Attacks Palestinian Fishermen Off Gaza

GMT 20:31 2017 Wednesday ,19 April

Dozens of casualties reported in Aleppo blast

GMT 13:25 2016 Thursday ,10 November

Drought-hit Zimbabwe farmers look

GMT 05:59 2015 Sunday ,06 September

Apple event expected to focus on iPhones, TV

GMT 10:49 2013 Thursday ,28 March

Egyptian broadcasters angry at government meddling

GMT 23:19 2017 Tuesday ,02 May

Interior Minister receives Atlantic Council CEO

GMT 09:13 2012 Monday ,29 October

Women may add 10 years by quitting smoking

GMT 13:30 2011 Thursday ,28 July

Man United outclass MLS All-Stars 4-0

GMT 21:18 2011 Tuesday ,09 August

Undersea volcano eruption was predicted

GMT 17:18 2015 Friday ,09 January

Cyprus Airways flights terminated after EU ruling

GMT 07:46 2013 Tuesday ,02 July

US diplomat Burns supports stability in Lebanon

GMT 15:21 2015 Friday ,08 May

8-year-old boy smuggled to Spain in suitcase

GMT 18:27 2011 Friday ,09 December

Amanbagh beautifully proportioned modern-day

GMT 14:45 2016 Saturday ,17 December

Iranian soccer league standings

GMT 05:50 2015 Wednesday ,25 March

Spin or seam? India confident of passing Sydney test

GMT 22:32 2015 Wednesday ,21 January

KPC's al-Adsani stresses Gulf region as hydrocarbon hub

GMT 11:41 2014 Saturday ,11 January

Rich world of fish biofluorescence illiuminated
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday