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In the statement released by the supermarket chain, it is stated that it has been decided to remove 3,500 people from Argos, which is mainly Sainsbury’s subsidiary.
It has been claimed that 420 Argos stores where furniture, home textiles and electronics are sold will be closed and 150 small Argos sections will be included in Sainsbury’s stores.
Sainsbury’s announced a £ 137 million loss in the first half of this year, citing market conditions.
Sainsbury’s Senior Manager Simon Roberts, whose ratings were included in the statement, said those who have been laid off may find work in some new fields and may be hired in the future.
About 111,000 people are employed at Sainsbury’s.
More than 200 thousand layoffs
Since the UK’s quarantine application began in March, many companies from different sectors, particularly the services sector, have decided to lay off more than 200,000 people.
The Bank of England (BoE) announced today that unemployment, which was 4.5% in August, is expected to reach 7.75% in the second quarter of next year.
The second quarantine decision made in the UK as part of the fight against the new type of coronavirus (Kovid-19) has been in place since midnight last night.
With the second quarantine decision, all businesses that did not sell bars, restaurants and basic necessities were closed.
Prime Minister Johnson, who said in a statement on Sept. 16 that the second quarantine would be “disastrous” in economic terms, said in his Oct. 31 statement that they had to make a quarantine decision in the face of the growing number of cases.
The quarantine was carried out in England in March and the measures were gradually lifted in July.
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