Tesco Plc to reduce staff

British retailer Tesco Plc is going to dismiss about two thousand employees who occupy managerial positions in the UK branches. Last year, Tesco Plc representatives announced their intention to lay off about 1.2 thousand people who work in the head office of the company in Welwyn Garden City. In addition, 900 jobs will be created in the field of staff training and establishing relations within the personnel. Dismissed employees can aspire to these positions.

Over the last week, Tesco Plc shares fell by 1.8% and continue to decline on the news. Trading will be available during the European session, from 08:15 to 16:30 GMT.

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