Costa Lotta Jobs - Up to 1650 Could Go

Cafe chain Costa has said 1,650 staff are at risk of redundancy as it looks to cut costs amid continued uncertainty over when trade will fully recover following the pandemic.

Up to 1,650 jobs are under threat at cafe chain Costa based in Houghton Regis* as it looks to cut costs amid the coronavirus crisis. Whitbread sold Costa to Coca Cola in 2019 for £3.9bn ($4.9 billion). 
(*Dunstable is the postal town, Houghton Regis is the actual base.)

Assistant store manager positions are set to go as part of the restructure, while there will be a pay freeze at its head office in Houghton Regis, Bedfordshire, and all non-essential expenditure stopped.

Neil Lake, managing director for Costa Coffee UK & Ireland, said, “Today’s announcement to our store teams was an extremely difficult decision to make. Our baristas are the heart of the business and I am truly sorry that many now face uncertainty. We have had to make these difficult decisions to protect the business and ensure we safeguard as many jobs as possible for our 16,000 team members.”

Costa closed nearly all of its 2,700 UK stores for six weeks during the pandemic but has now reopened around 2,400 sites.

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