Greggs set to cut 820 jobs as sales take a dip

Greggs has announced plans to cut more than 800 jobs as a result of the ongoing coronavirus pandemic.

The boss warned that the bakery chain “will not be profitable as a business” if sales continue at the rates they have been in lockdown, as it was confirmed that 820 staff will be let go.

In a statement posted on the Greggs employee information website last week, chief executive Roger Whiteside confirmed the move and blamed it on the trading situation with the pandemic.

He said: “Covid trading conditions have forced this action onto our business and 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.”

He went onto say that “the battle with Covid hasn’t gone away and is intensifying further” as lock down measures continue to be in place across the four nations of the UK.

Mr Whiteside added: “At lock down levels of sales, even after all of the mi tigating action that we have taken, Gr eggs will not be profitable as a business and there can be no room for complacency.”

At the end of September, the Newcastle-based bakery chain said it was in talks with its staff to cut hours to try and minimise job losses when the furlough scheme was expected to end in October.

Mr Whiteside told reporters at the time: “Some stores have staff hours which are just off what’ s needed for current demand.

"But others are a long way off and will need significant change.”