Main content
Co-Operative Group says jobs will be lost to save money
The Co-Operative says it will have to cut jobs as part of a hundred million pounds worth of savings this year. Its interim Chief Executive Richard Pennycook refused to put a number on the job losses but in an interview with 5live he didn't reject the question of whether it be in the thousands. The Co-Operative Group lost two and a half billion pounds last year and has embarked on a process of closing unprofitable stores many of which used to be part of the Somerfield
Duration:
This clip is from
Featured in...
News—5 Live In Short
The best current affairs interviews, insight and analysis from ÃÛÑ¿´«Ã½ Radio 5 live.
More clips from 5 Live In Short
-
‘I struggled to get my shoes on and get dressed’
Duration: 01:05
-
PM: 'Nigel Farage and Reform are just the politics of grievance'
Duration: 00:41
-
What is Glenn McGrath’s Ashes prediction?
Duration: 00:40