Greggs: 740 jobs cut
Greggs has announced plans to cut 740 jobs as it replaces human workers with automated machinery in four factories. The changes are part of a strategy to enhance efficiency and support the company's growth, with the job cuts expected to take place over the next two and a half years. This move follows a strong performance in sales, prompting the company to raise its profit expectations for the year.
Conservative
740
Core Estimate
740
Upper Bound
740
Sources
Greggs to axe hundreds of jobs after replacing humans with robots
Greggs to axe hundreds of jobs after replacing humans with robots Greggs has raised its expectations for profits this year Credit: Mike Kemp/In Pictures via Getty Images Tom Haynes Senior Business Reporter Show biography Tom is a senior business reporter at The Telegraph, covering leisure and hospitality. He joined the Telegraph as a reporter on the Money desk in 2022, having previously worked as a local news reporter at MyLondon. Message him at tom.haynes@telegraph.co.uk or on Twitter @T_Hay