(Reuters) - Sainsbury’s (SBRY.L), Britain’s second biggest supermarket group behind Tesco (TSCO.L), is seeking to cut up to 2,000 jobs, mainly in its payroll and human resources departments, a company spokesman said on Tuesday.
Sainsbury's is consulting on measures that would lead to a loss of 1,400 jobs by removing all in-store human resource and payroll clerk roles, the spokesman said. bit.ly/2ysgfN2
Some 600 further job losses will come from a restructuring to consolidate human resource and other support roles, the statement added.
“Following a comprehensive review, we are proposing some updates to our HR structures and systems, as well as changes to a number of other support roles, subject to consultation,” the spokesman said.
Sky News had earlier reported the UK-based supermarket group is cutting 2,000 jobs.
The rise of privately-owned budget chains Aldi and Lidl has transformed the competitive landscape of British food retailing over the last decade, driving down the returns of Britain’s big four players - market leader Tesco, Sainsbury‘s, Asda (WMT.N) and Morrisons (MRW.L).
Sainsbury’s was considering cutting 1,000 jobs as part of a drive to save 500 million pounds ($659 million) in costs, media reports said in August.
In March, the company had revealed it was cutting 400 jobs in a restructuring of its store operations.
Reporting by Kanishka Singh; Editing by Adrian Croft