Greggs has announced plans to cut more than 800 jobs as a result of the ongoing coronavirus pandemic.
The president warned that the bakery chain “will not be profitable as a business” if sales continue at the rates they were in closing mode.
In a statement posted on the employee information site earlier this week, CEO Roger Whiteside said:Coronavirus disease Business conditions have imposed this measure on our business and we are all very saddened by the need to separate the company with about 820 friends and colleagues, many of whom have worked with us for many years. “
He went on to say that “the battle with COVID is not over and is getting more intense” as lockdown measures continue across the UK.
“At sales closing levels, even after all the mitigating measures we’ve taken, Griggs will not be profitable as a business and there will be no room for complacency,” added Mr. Whiteside.
At the end of September, the Newcastle-based chain said it was In talks with employees to reduce working hours To try to keep job losses to a minimum when the holiday scheme was expected to end in October.
“Some stores have insufficient hours for current order. But others are out of reach and will need a major change,” Mr. Whiteside told reporters at the time.