05 June 2003
Sainsbury's has denied claims that it is to lay off one in four of its buyers as part of a cost-cutting drive.
Press reports alleging that 100 purchasing staff face the sack began to circulate last week after Sainsbury's laid off 10 of its marketing staff.
A spokeswoman for the supermarket said the figures were unfounded but confirmed that the purchasing function was one of many areas under scrutiny in Sainsbury's company-wide review of its cost base.
"We haven't yet made a decision on who may or may not lose their jobs, but are still assessing the situation," she said.
Sainsbury's, one of the four leading UK supermarkets bidding to take over Safeway, last month reported a 1.1 per cent drop in sales in the final three months of its financial year.