Following the initial announcement at its Q1 results meeting Asda has confirmed that it will restructure its store management with 1,360 redundancies.
- Overall 5,670 new roles will be created, which is greater than the initial 5000 it announced in May.
- There will 4,008 section lead role and 1,622 section manager roles.
- The 1,360 redundancies is lower than the initially forecast figure of 2,600 and follows a consultation period with staff.
- Significant cost savings are anticipated and this is set to be in the millions of pounds, the exact figure will be confirmed next month.
This is Asda's first restructure in 6 years and marks a period of change for the retailer as online sales continue to grow. Asda's market share according to Kantar Worldpanel has continued to rise , and reached 17.1% in June. Customer expectations in terms of same day delivery and locker delivery mean that Asda is changing its instore staffing structure to make it more efficient and amenable to servicing more online orders from stores.