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UK's Tesco counter cost cuts to hit 9,000 jobs

In this file photo taken on April 13, 2016 A picture shows the signage on a branch of a Tesco in Brixton, south London, on April 13, 2016. (Photo by AFP)

Bianca Rahimi
Press TV, London

 

The UK's largest retailer Tesco is implementing changes that will affect thousands of employees. Despite making more than a billion pounds of profit every year, Tesco wants to cut costs as much as possible. The multinational retailer says increasing competition and changing shopping habits have prompted the changes. Bianca Rahimi reports from London.


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