Costa Coffee store review puts 1,650 jobs at risk
High street chain Costa Coffee has said 1,650 roles across the business are at risk of being axed as it reviews its sprawling store estate in light of the coronavirus crisis.
The chain announced it had “made the difficult decision” to enter into consultation with 1,650 staff about possible redundancies as part of its “streamlining” of its store estate in response to the ongoing coronavirus pandemic.
Costa said it had made a number of other “difficult decisions” before opening consultations with staff, such as freezing pay increases at its support centre and cutting all non-essential capital expenditure.
However, despite these measures, Costa said it “must take additional action” to stabilise the business and “ensure that as many jobs as possible are protected long term”.
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