Tesco has announced that more than 4500 employees in the company’s Metro stores are set to be made redundant as part of the supermarket giants’ ongoing restructuring.
The UK’s largest supermarket has stated that the move was made to “serve shoppers better” and help with their sustainability goals.
Tesco blamed an ever-increasingly competitive and challenging retail market in the UK for the job losses.
The Metro format was originally designed for larger, weekly shops, but now up to 70% of Tesco customers used them as convenience stores, buying products for that day.
Tesco are also making some small changes in 134 of their 1750 Express stores, where customer footfall is lower. Changes in these stores will include a slight reduction in opening hours during quieter trading periods at the start and end of the day, and simplifying stock routines.
Jason Tarry, UK & ROI CEO, said: “In a challenging, evolving retail environment, with increasing cost pressures, we have to continue to review the way we run our stores to ensure we reflect the way our customers are shopping and do so in the most efficient way. We do not take any decision which impacts colleagues lightly, but have to make sure we remain relevant for customers and operate a sustainable business now and in the future.”