, Columnist
Tesco Is Playing With Fire by Cutting Jobs Now
Sure, the German discounters and Brexit are serious headwinds. But all retailers face a risk that job cuts damage customer service.
There are big risks from cutting this many workers.
Photographer: Chris Ratcliffe/Getty Images
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In Britain’s retail apocalypse, culling staff might seem like an obvious course of action for hard-pressed store chains.
But cut too deep, and the damage inflicted on the business can be even more devastating than Brexit-induced nervousness.