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Greggs targets cost control with 740 jobs at risk


By Goran Nastic

Greggs has launched a consultation over plans to restructure its manufacturing operations, with four sites potentially closing and around 740 jobs at risk over the next two and a half years, even as sales rose 7.7% in the 13 weeks to 26 September.

The programme is expected to require around £60m of cash costs, including £40m of capital expenditure, disruption costs and redundancy payments, while generating cost savings of around £20m from 2028 and 2029


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