Asda is axing thousands of middle managers in its stores as part of a big restructuring in which more staff will be employed in e-commerce and grocery home shopping services. The supermarket said a consultation with 4,100 senior store staff had begun. It is thought as many as 2,600 will leave rather than accept an alternative, lower-paid job.
"We haven't updated our structure for five to six years," said Asda's chief operating officer,
Ibbotson, who is tasked with finding pounds 1bn of cost savings over the next five years, said the exercise would involve a sharp reduction in the number of department managers and the creation of more junior roles on the shopfloor in areas such as click and collect.
The shakeup was revealed as the
Asked if a price war had broken out, chief executive
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