Iceland reviews management structure but slams job loss claims

By Luke Tugby2020-01-27T07:42:00

Iceland has launched a review of its management structure, but denied claims that “hundreds” of employees could be axed as a result of the move.

The frozen food specialist admitted that the review had “recently begun”, with a formal consultation process expected to be launched within weeks.

However, a spokesman for the retailer said reports that hundreds of roles could be made redundant were “categorically untrue”.

Iceland’s grocery rivals Asda, Sainsbury’s and Morrisons have all revealed restructuring plans since the turn of the year as food retailers grapple with rising property costs, the shift to online shopping and the relentless rise of discount duo Aldi and Lidl.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

3 free articles a month on Retail-Week.com
Detailed analysis of current trends and events
Exclusive newsletters
In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.