Tesco to Simplify Operations, Affecting 1,700 Jobs
January 22 2018 - 10:09AM
Dow Jones News
By Oliver Griffin
Tesco PLC (TSCO.LN) said Monday that it will simplify its
operational structures to improve efficiency in a move that will
affect the jobs of 1,700 employees.
The U.K. supermarket said that as a part of the changes, the
roles of people manager and compliance manager will be removed from
large stores and warehouses.
The role of customer experience manager--present in 226 Tesco
stores--will also be removed, giving line managers more direct
accountability for customer service, in line with the structure of
other stores, the company said.
Tesco said that as a result of the changes, 900 new roles with
broader remits will be created, including people partners, learning
partners, and colleague relations partners.
The supermarket said it will provide support to the 1,700
affected employees in finding alternative roles wherever
possible.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
January 22, 2018 09:54 ET (14:54 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Tesco (PK) (USOTC:TSCDY)
Historical Stock Chart
From Sep 2024 to Oct 2024
Tesco (PK) (USOTC:TSCDY)
Historical Stock Chart
From Oct 2023 to Oct 2024