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
July 27, 2012
(Industry Intelligence Inc.)
– 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.