Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Leeds and Lutterworth
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

200 jobs
Number of planned job losses
Job loss
Announcement Date
25 March 2014
Employment effect (start)
Foreseen end date

Description

Supermarket chain Asda has announced that it is to cut 200 jobs. 150 jobs will be lost at the head office in Leeds and 50 at the Lutterworth offices of its George fashion business.

The redundancies are designed to remove duplication in the business and to make efficiency savings to enable more effective competition.


Sources

  • 25 March 2014: Retail Week

Citation

Eurofound (2014), Asda, Internal restructuring in United Kingdom, factsheet number 76773, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76773.