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J Sainsbury is cutting 3,000 jobs as the UK’s second largest supermarket seeks to reduce costs and simplify its business.
The redundancies, which amount to 2 per cent of the group’s workforce, will result from the closure of its remaining cafés in stores as well as sweeping changes at management level, with 20 per cent of its senior management roles expected to be axed.
The decision comes after the company said last year that it would cut £1bn in costs over the next three years. The reorganisation also comes amid what chief executive Simon Roberts called “a particularly challenging cost environment”.
This is a developing story
