A supermarket has announced it is axing 400 staff after it was hit by tough trading conditions. The Co-op, which runs supermarkets and funeral services, said rising inflation had led them to bring forward some changes it had planned for next year.
The company said none of its customer-facing roles in food stores or funeral homes will be impacted by the shake-up. It is understood that the cuts will predominantly affect workers at its Manchester headquarters.
Around 4,000 support staff are employed by the Co-op Group, as part of a total workforce of 63,000 people. In April, new chief executive Shirine Khoury-Haq revealed that the firm’s annual profits were slashed in half following supply chain disruption and higher costs.
