Tesco Set to Cut About 15,000 Jobs, Mail on Sunday Reports
Photographer: Chris Ratcliffe/Bloomberg
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Tesco Plc is set to cut about 15,000 jobs and close meat, fish and delicatessen counters, Mail on Sunday reported, citing unidentified industry sources.
The retailer will also overhaul in-store bakeries, and replace staff canteens with vending machines, the newspaper said. The plans are expected to affect the majority of Tesco’s 732 larger stores, according to the report.