Sainsbury's Plans to Cut Up To 2,000 Jobs in HR, Support Roles
18 October 2017 - 5:11AM
Dow Jones News
By Adam Clark
J Sainsbury PLC (SBRY.LN) said on Tuesday that it is
implementing a round of restructuring in its human resources and
support divisions, cutting up to 2,000 jobs.
The supermarket chain said the changes are subject to
consultation, but disclosed no further information.
Shares closed up 4.10 pence, or 1.7%, at 247.70 pence.
Write to Adam Clark at adam.clark@dowjones.com
(END) Dow Jones Newswires
October 17, 2017 13:56 ET (17:56 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
J Sainsbury (QX) (USOTC:JSAIY)
Historical Stock Chart
From Jul 2024 to Aug 2024
J Sainsbury (QX) (USOTC:JSAIY)
Historical Stock Chart
From Aug 2023 to Aug 2024