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Coop to cut 500 jobs

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16:44 CEST+02:00
Fresh cutbacks at supermarket giant Coop Sverige are set to lead to the losses of 500 jobs, the chain's owner, the Swedish Cooperative Union (Kooperativa Förbundet - KF), announced on Tuesday.

Far-reaching logistical restructuring plans are primarily set to affect workers in Malmö, Växjö, Umeå and Luleå, according to KF managing director Anders Idermark.

Some 500 of 1,600 staff member at Coop's loading terminals are expected to be out of a job when the firm begins to make more widespread use of trains for its deliveries.

"It's maybe a change we should have introduced earlier," said Idermak,

KF said Coop had plans to open some new loading terminals, although it could not yet specify the locations. A number of at-risk workers are will be offered jobs at the new terminals if they are prepared to move, KF said.

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