Kwik Save axeing workers
Struggling cut-price supermarket chain Kwik Save says it has no plans to close any of its branches, although staff have been told jobs will be lost in the coming weeks. Struggling cut-price supermarket chain Kwik Save says it has no plans to close any of its branches, although staff have been told jobs will be lost in the coming weeks. No figures have yet been released for how many of Kwik Save's 3,800 employees at its 227 stores – including 10 in the Black Country – face the axe. The shock job cuts announcement this week came hot on the heels of the company hailing a rescue package and plans to get stock back on its depleted shelves. Read the full story in the Express & Star.
No figures have yet been released for how many of Kwik Save's 3,800 employees at its 227 stores – including 10 in the Black Country – face the axe.
The shock job cuts announcement this week came hot on the heels of the company hailing a rescue package and plans to get stock back on its depleted shelves.
Kwik Save chairman and chief executive Paul Niklas said the company has started consulting with staff about job losses.
It is understood these will be spread across the stores group and, at the moment, are not expected to lead to any supermarkets being closed.
Kwik Save has branches across the Black Country and Staffordshire, at Warstones Drive in Penn, Wolverhampton; in Queen Square, West Bromwich; Upper High Street, Wednesbury; Oldbury Road, West Smethwick; Oldbury Road, Rowley Regis; High Street, Cradley Heath; High Street, Princes End, Tipton; Great Bridge Street, Tipton; Surrey Close, Cannock; Peartree Lane, Netherton; and Kent Street, Upper Gornal.
Mr Niklas said: "The new management of Kwik Save has had to make this difficult decision to secure the future of the company and safeguard the jobs of the majority of staff.
"It is with sincere regret that we have had to make these redundancies. However, we are determined to make Kwik Save a successful business for the future."
The company used to have 1,000 stores but has been struggling to get its business back on track.
