Supermarkets
Asda to scrap 10,000 bonuses for managers amid cost-cutting plans
Bonuses were axed just months after chairman Allan Leighton returned to run the supermarket after more than two decades to help lead turnaround plans for the group
Asda is reportedly set to axe the bonuses of thousands of workers as it looks to cut costs amid troubled trading.ย According to The Telegraph, more than 10,000 managers were told that they will not receive the payouts, having usually expected to receive bonuses in the first three months of each year.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
