The Economic Times

Greggs to spend 60 million to cut hundreds of jobs to save 20 million in two years

Greggs will cut 740 jobs while closing several manufacturing sites across the UK in the upcoming years. The company has announced these changes as part of its investment program and business review. It aims to ensure cost-efficiency and meet capacity requirements for future growth effectively. Although job cuts will occur, retail operations will remain unaffected by this restructuring initiative.