ITO YOKADO TO FURTHER REDUCE HQ HEADCOUNT, REDEPLOY STAFF TO STORES
January 1st, 2010
BY GAVIN BLAIR
JAPAN'S Ito-Yokado, the supermarket arm of Seven & I Holdings, is to further reduce the employee headcount at its Tokyo group headquarters, redeploying about 12% of its staff to retail outlets.
The head office workforce had already been reduced from around 1,000 to the current 820 in the year to February 2008, but the continuing downturn in consumer spending has forced further reductions.
"The harsh business conditions are the reason for these actions," a spokesperson at Seven & I Holdings told just-food.
However, contrary ...
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