Tesco cutting nearly 50 jobs at its Fresh & Easy headquarters in California, but move not indication of intent to pull out of U.S., company says

LOS ANGELES , July 27, 2012 () – British retailer Tesco PLC is cutting nearly 50 jobs at its Fresh & Easy headquarters in California, according to a statement by a company spokesperson, Reuters reported July 27.

In a statement, Tesco emphasized that it is not planning to shutter its loss-making Fresh & Easy operations in the U.S.

Fresh & Easy currently has slightly more than 5,000 employees.

The primary source of this article is Reuters, London, England, on July 27, 2012.

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