Greggs warns of potential job cuts in its stores. Credit: Guest9999 (talk) via Wikipedia.

UK food-on-the-go retailer Greggs has launched a collective consultation with union and employee representatives to reduce employment costs. 

To lower the risk of job cuts, the company is in talks with staff to reduce working hours. 

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

In a third-quarter trading update, Greggs said: “With the Job Retention Scheme planned to end in October we are taking steps to ensure that our employment costs reflect the estimated level of demand from November onwards.   

“With business activity levels remaining below normal for the foreseeable future, we must change the way we work to be as productive and flexible as we can in order to protect as many jobs as possible for the long term.   

“We have completed a review of our activity and requirements in every part of the business and are now proposing a series of changes which are the subject of collective consultation with union and employee representatives.” 

See Also:

In March, the company temporarily closed its stores across the UK to help contain the viral spread.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

As of 26 September, the company opened 38 new shops and closed 49 shops. It has a total of 2,039 shops including 1,720 company-managed shops and 319 franchised units.  

In the update, the company said it has made delivery and click & collect options available across the country. 

Greggs reported improvement in September company-managed shop like-for-like sales to 76.1% in the four weeks to 26 September. 

It expects to open a total of 20 shops this year mainly in locations accessible by car. 

Furthermore, the company noted that it will commission its new automated frozen logistics facility in the North East in the second quarter of 2021.