Nisa has revealed that its looking to cut costs across the business and as a result, 50 staff are being considered for redundancies.
The symbol group retailer, who launched a consultation last week over these redundancies could see many roles at its head office cut, as reported by The Grocer.
“We are carrying out a review to lower our costs, in order to offer greater support to our partners and their customers during the current cost of living crisis,” Nisa said.
“Unfortunately, the review will include a consultation on potential redundancy for some employees.
“We recognise this is a difficult time for so many and we are seeking to approach the review accordingly, while recognising the realities of the current economic climate.”
READ MORE: Nisa launches 100% recyclable customer leaflets
This news comes as Nisa owner, Co-op has announced its plans to make 400 of its head office roles redundant due to the current “tough trading environment”.
Many of these redundancies are expected to be made from within Co-op’s 4,000-strong customer support centre team, at its Angel Square headquarters in Manchester.
The cut in costs and concerns over the current trading environment follows the continuing rise in inflation which hit 9.8% in June, its highest rate in 40 years.
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