Greggs has announced plans to cut 820 jobs as a result of “particularly difficult” trading conditions during the pandemic.
In a statement on the Greggs employee information website, chief executive, Roger Whiteside, said: “We are all very saddened by the need to part company with around 820 friends and colleagues, many of whom have worked with us for many years. Whilst we are sad to see this number of people leave us, we are grateful to our colleagues in our shops who have been prepared to accept a reduction in their contract hours to minimise the need for further redundancies.”
The bakery chain said that at current lockdown levels of sales, even after its mitigating action, Greggs “will not be profitable as a business”.
Mr Whiteside continued: “Greggs has shown its resilience and ability to adapt to even these most extreme conditions. We are determined to emerge from this crisis stronger than ever, and have exciting plans to invest in Next Generation Greggs with new shops, new digital ways for customers to shop with us, a more efficient supply chain and first-class central support. All of this will be underpinned by the launch of The Greggs Pledge which is our commitment as a business to have a positive impact on our people and our planet.”