September 6, 2017 / 4:00 PM / 10 months ago

Asda to cut 300 jobs at Leeds, Leicester offices

LONDON (Reuters) - Asda, the British supermarket arm of Wal-Mart (WMT.N), is to cut 300 jobs at its offices in Leeds, northern England, and Leicester, central England, seeking to cut costs to stay competitive, it said on Wednesday.

FILE PHOTO - An ASDA employee walks beneath a company logo outside a store in Manchester, northern England, July 8 , 2016. REUTERS/Phil Noble/File Photo

The firm said it was adapting how its offices operated to support its store estate.

“These changes impact around 1,100 roles... and sadly result in around 300 colleagues leaving us,” Asda said.

Last month Asda reported its first underlying quarterly sales growth in three years and said its back-to-basics turnaround under a new management team was working.

Reporting by James Davey; Editing by Alistair Smout

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