Sainsbury’s to axe hundreds of management roles

Argos Sainsburys

Sainsbury’s is to shed hundreds of jobs across its head office functions in a bid to slash costs and drive further synergies with the Argos business.

The supermarket giant will axe management roles in its commercial, retail, finance, digital, technology and HR divisions as it continues to merge store support centre teams.

Customer-facing roles in stores will not be affected.

It comes four months after Sainsbury’s told investors and journalists at its capital markets day that it was seeking a further £500m of cost savings over the next five years.

Subscription content

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

Retail Week

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.

Register today for a taste of our high-quality intelligence and enjoy:

  • 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.