ASDA has announced around 200 job losses among its senior managers at its head offices in Leeds and Leicestershire amid mounting competition among Britain’s major grocers.
The US-owned chain, which alerted staff yesterday morning, said the redundancies follow a review into the business last year and recognising “a structural change taking place in the retail market”.
“We have been talking to our colleagues for some time about the need for change,” the group said in a statement. A spokesperson declined to comment on the number of job losses.
Asda announced plans last year to inject £700m this year on growing its online and click and collect business as well as ramping up its stores.