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The Independent UK
The Independent UK
Karl Matchett

Greggs announces hundreds of job losses

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.

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