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Asda-Sainsbury's merger puts more than 2,500 jobs at risk

Up to 2,500 jobs in supply chains could be at risk from the proposed merger of Asda and Sainsbury’s, the New Economics Foundation has warned.
According to analysis by the think tank, the promised price cuts – Sainsbury’s CEO Mike Coupe has pledged a 10 per cent reduction for consumers – will be passed onto suppliers.
The NEF found that a 5 per cent cut in output for these suppliers could lead to a loss of more than 1,200 jobs, while a 10 per cent cut could lead to a loss of up to 2,500 jobs.

https://www.independent.co.uk/news/business/news/asda-sainsburys-merger-deal-latest-job-losses-new-economics-foundation-a8336791.html
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