Business

Tesco axes another 1,200 jobs

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London: Supermarket giant Tesco announced plans to cut 1,200 of its head office positions as part of ongoing cost-cutting at Britain’s biggest retailer. “We anticipate reducing our number of roles in the (head) office by around 25 per cent, or 1,200 roles” at the group’s offices in Hatfield and Welwyn Garden City, a company spokesman said. He added: “Today we have shared with colleagues across Tesco changes that we plan to make to the way we operate our business. Tesco is undergoing vast cost-cutting under chief executive Dave Lewis and last week revealed plans to axe 1,100 jobs with the closure of a call centre in the Welsh capital Cardiff. — AFP