EMCC European Monitoring Centre on Change

Tesco

Company/Organisation:
Tesco

Geographic Location

Country: United Kingdom

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
Number Employed: 300000

Employment Effects

Announcement Date: 22-01-2018
Planned Job Reductions min: 1700
Planned Job Reductions max: 1700
Type of Restructuring: Internal restructuring
Planned Job Creation: 900

Additional Information

Tesco supermarket has announced further restructuring plans which will result in the loss of 1,700 jobs. Since the arrival of the new CEO, there has a been a series of job cuts. In 2017 Tesco announced 1,100 job cuts at its call centre in Cardiff and 1,200 head office job cuts. The latest changes are, according to Tesco, designed to remove complexity and ensure that the business remains competitive. Tesco, like so many other of the established UK supermarkets has recently come under increasing pressure from the discount retailers.

The current wave of cuts includes personnel managers and compliance managers in 757 large stores and seven warehouses, and customer service managers in 266 Tesco Extra stores. The newly created roles will have broader recruitment and personnel remits as well as being located across sites. Tesco has said that it will look to redeploy some people whose positions have been cut to these new roles. There is no information available as to when the changes will take effect.