U.K.'s largest grocer Tesco says 9,000 jobs to be 'impacted' by business turnaround plan

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Tesco says 9,000 jobs 'impacted' in changes to UK business

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Tesco's finances have indicated their decline for many many years already. It was just a matter of time before this would happen. From a supply side their Cash Conversion Cycle and inventory turnover is waaay too high for industry standards

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

$1.5 trillion U.S. tax cut has no major impact on business capex plans: surveyThe Trump administration's $1.5 trillion cut tax package appeared to have n... TV The billionaire-yacht industry is doing great though! You forgot to mention that! TV GaryCohn7 knew this. TV It is time to repeal this tax cut and pour the revenue into infrastructure. Maybe enough left over for Trump’s down payment on the wall. The US cannot financially afford both.
Source: Reuters - 🏆 2. / 97 Read more »