Asda to cut 475 jobs and reduce hybrid working

Quick Summary:

The retailer says it is restructuring the business amid a challenging market.

Mohsin Issa, who stepped back from his executive leadership role in September, owns 22.5 %, while 10% is still held by Walmart.

Bosses have identified the cause of a "terrible" stench which plagued the terminus for over a week.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Head Capital Issa Roles Offices Asda Leeds Office Week Yorkshire

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 12:34:30 (19 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23451529

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 1 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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