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Retail

Sainsbury To Cut Up To 850 Jobs Among Store Trainers

J Sainsbury Plc plans to cut as many as 850 jobs in training and night-shift operations days after it agreed to buy Home Retail Group Plc, the owner of the Argos chain, which it’s buying for £1.4 billion ($2 billion), according to Unite, a UK union.

"We are severely disappointed as Sainsbury’s seems to have deep pockets when it wants," the union said on its website Tuesday.

Management is entering a 45-day consultation period with the union, Unite said.

"We appreciate that Sainsbury’s has a good record of redeployment of staff in these situations and we will be exploring every avenue to ensure continuing employment for our members," the union said.

News by Bloomberg, edited by ESM. To subscribe to ESM: The European Supermarket Magazineclick here.

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