Asda axes jobs and orders staff back to the office three days a week
A spokesman said the change in its home-working policy would bring Asda in line with its rivals, including Tesco, Aldi and Morrisons.
“This approach brings us in line with our competitors and the wider market, allowing us to build high-performing teams with a collaborative culture and respond to what our business needs the most,” the spokesman added.
“The change is effective from January 2025 to allow time for all colleagues to make any necessary arrangements.”
The shake-up marks the latest changes at Asda, which has been battling to improve its fortunes since Mr Issa, who owns a 22.5pc stake, stepped down from running the business in September.
Following the retailer’s struggles, Lord Rose told The Telegraph earlier this year that he was “embarrassed” by Asda’s performance.
He is now pursuing a turnaround alongside TDR partner Rob Hattrell, while also attempting to find a permanent new chief executive.
City headhunter Spencer Stuart has been hired to find a suitable candidate, although it is understood that recruiters are struggling to convince retail bosses to take on the job.
Related
UK on the brink of a recession and jobs ‘will…
Labour has been warned that the UK is on the brink of a recession and the economy is fast heading for “the worst of all worlds.” According to the Office
UK insurer Aviva to shed up to 2,300 jobs in…
By Chandini Monnappa and Lawrence White LONDON (Reuters) -British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3
Administration Officer – Job | ArtsHub UK – Arts Industry…
Job Summary A fantastic opportunity to gain a wide range of experience in a central role within a high-profile arts organisation. Job Description T
Estates Administrator – Job | ArtsHub UK – Arts Industry…
Job Summary We are looking for an Estates Administrator to join us on a part-time basis working in the afternoon. Based on our reception at 39 Watersi
