Sainsbury’s is set to announce plans to cut 3,000 jobs, despite strong sales during the pandemic.
A large number of cuts will be made from Argos, which it owns, but there will also be layoffs in supermarkets as it closes delicatessens and fresh fish and meat counters, according to the Times.
The news comes after several other British groups such as retailer John Lewis and Lloyds Banking Group launched redundancy plans on the eve of the second national lockdown in England.
Sainsbury’s earlier in the day announced that its veteran commercial director Paul Mills-Hicks will leave the group as part of a revamp of its leadership team by new Chief Executive Simon Roberts.
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The supermarket, which employs more than 170,000 people in Britain, declined to comment on the Times report.
It comes after John Lewis slashed 1,500 office jobs and Marks & Spencer announced its first loss in 94 years, as high streets across the country struggle to adapt to the pandemic.
Sainsbury’s have had healthy sales during the outbreak, but other costs including equipping staff with PPE have risen.
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