High street bakery chain Greggs said it plans to close four manufacturing sites with the expected loss of around 740 jobs in the next two-and-a-half years.
The job losses are not expected to be linked to shops and the firm’s website is still offering 44 pages of new roles across the company. A £60m cost linked to the job losses, such as redundancy payouts and distribution changes, is estimated to take around three years to pay off.