The group’s Argos business will see the most layoffs. Sainsbury’s is shuttering its meat counters, fresh fish departments and delis. Sainsbury’s purchased Argos in 2016 for £1.4 billion.
The second pandemic lockdown announced in the U.K. prompted merchant John Lewis and Lloyds Banking Group to roll out redundancy plans.
Sainsbury’s also announced that its Commercial Director Paul Mills-Hicks is exiting as part of the development of a leadership team headed by new CEO Simon Roberts.
The supermarket chain announced in February that it was rolling out smaller C-store shops, with the first one opening in London. The new stores are intended to bring necessities to busy city workers.