Tesco: More Than 1,800 Jobs at Risk Due Bakeries Changes

Date : 02/25/2020 @ 3:12PM
Source : Dow Jones News
Stock : Tesco PLC (PK) (TSCDY)
Quote : 8.36  0.0875 (1.06%) @ 9:55PM
Tesco (PK) share price Chart

Tesco: More Than 1,800 Jobs at Risk Due Bakeries Changes

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   By Adria Calatayud 
 

Tesco PLC said Tuesday that more than 1,800 jobs are at risk as part of a series of changes to the company's in-store bakery operations in order to adapt to changing customer demands.

The U.K. grocer said it will continue to offer scratch baking in 257 stores and make changes to its other bakeries from May. As a result of some stores doing less scratch baking, fewer employees will be needed, the company said.

"We know this will be very difficult for colleagues who are impacted, and our priority is to support them through this process. We hope that many will choose to stay with us in alternative roles," Tesco U.K. and Ireland chief Jason Tarry said.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

February 25, 2020 09:57 ET (14:57 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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