Redundancy

Sainsbury's is overhauling its instore bakery model. Pic: GettyImages/andresr

Sainsbury’s to ‘simplify’ instore bakery service

By Gill Hyslop

The UK supermarket giant has announced plans to axe 200 cafes, end its hot food range in 34 stores and ‘re-evaluate’ its bakery counter setup in 54 stores – putting more than 2,000 jobs at risk.

Grupo Bimbo has successfully completed it voluntary redundancy program in an effort to create a leaner organization. Pic: Grupo Bimbo

‘Leaner’ Grupo Bimbo reports quarterly loss

By Gill Hyslop

Mexican bakery giant Grupo Bimbo reported a massive 87% second-quarter revenue decline after it took a 1,960m pesos ($105m) charge for a voluntary redundancy program to create a ‘lean organization design.’

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