Sainsbury's to cut 3,000 jobs by closing cafés and counters

Published On Jan 23, 2025, 6:35 AM

Sainsbury's is cutting 3,000 jobs by shutting its cafés and closing pizza and patisserie counters, citing a need to simplify its operations and face a challenging cost environment. The company is also reducing senior management roles by 20% as part of a strategy to save £1 billion and offset rising costs from increased National Insurance contributions. Despite reporting strong Christmas results and expected annual profits exceeding £1 billion, the ongoing inflationary pressures are prompting significant restructuring in the retail sector, with hints that similar actions may be adopted by other retailers too.