Coop to cut 400 jobs at head office
Co-op has announced plans to cut hundreds of jobs at its headquarters in Manchester city centre.
A total of 400 roles have been put at risk, with the majority based at the supermarket’s head office in Angel Square.
In a statement, the Co-op says they have made the decision “with a heavy heart but it is the right thing to do for the long-term health of our Co-op and for all of our members.”
The group says it is bringing forward some of the changes planned for 2023 because of a “tough trading environment, including the rise in inflation.”
The statement further adds: “These changes, designed to simplify our approach to business, will sadly mean a number of colleagues in central functions will leave the business.
“There are no changes to customer-facing roles and, where possible, we will reduce roles by not filling vacancies and through preferences to exit.”