Greggs to shut four factories and cut 740 jobs
Bakery chain Greggs plans to close four manufacturing sites and cut 740 jobs as part of a network restructuring. The company stated that retail shops will remain unaffected and the move is intended to improve long-term efficiency.
Why it matters
The restructuring reflects broader economic shifts in the UK manufacturing sector and impacts a significant number of employees.
Image source, PA Media Image caption, Greggs said proposals would not affect its shops
High street bakery brand Greggs has announced plans to shut four of its factories and cut 740 jobs.
It plans to close manufacturing sites at North Lakes near Penrith, Cumbria, Pettigrews in Kelso, Scotland, Seaham in County Durham and Enfield, Greater London, though distribution operations would continue to run from the latter.
The proposals will also impact manufacturing operations at its Treforest site in Wales, but this will also continue as a distribution centre for the business.
The chain, which has headquarters in Newcastle, said its retail shops would not be affected by the proposed changes.
The changes would take place over the next two-and-a-half years, with parts of Greggs' manufacturing processes relocating, the firm said.
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