Co-op confirms job cuts in £200m cost-saving plan

Summarised from 2 outlets · 3 reports · Updated 23 Sept, 11:08

The Co-operative Group is cutting jobs as part of a £200m cost-saving plan.

The Co-operative Group is cutting jobs as part of a £200m cost-saving plan. The group attributes the cuts partly to increased costs from Labour's national insurance changes and says it is investing in automation. It is also proceeding with its planned takeover of Southern Co-op.

How it is being reported

• Co-op blames job cuts on Labour national insurance raidCity AM · 23 Sept, 10:37
• Co-op confirms job cuts as part of £200m cost-saving plan after cyber attackThe Independent · 23 Sept, 10:29
• Co-operative confirms job cuts under £200m cost-saving plan as losses widenThe Independent · 23 Sept, 09:24

In this story: Co-operative Group · Southern Co-op · Labour

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem