Tesco to cut 400 jobs as it moves to ‘more efficient’ working Retail Tesco has announced plans to cut more than 400 jobs in a bid to improve efficiency at the grocer, following in the footsteps of Sainsbury’s, Asda and Morrisons. The supermarket giant said that the “more competitive than ever” market means it must “work hard… to offer our customers unrivalled value”. “This means always being open [...]
Tesco Mobile in the red despite sales passing £1bn Business Tesco Mobile fell into the red despite its sales passing the £1bn mark during its latest financial year, it has been revealed. The provider, which is a joint venture between the supermarket giant and Virgin Media 02, has reported a pre-tax loss of £449,000 for 2023, according to newly-filed accounts with Companies House. The loss [...]