500 jobs to go in $1 billion Woolworths restructure – Business Insider Australia
Woolworths is cutting 500 jobs, closing 30 stores and looking to sell EziBuy as the struggling supermarket chain pushes ahead with a major restructure. The moves to make to supermarket chain more efficient will mean restructuring costs of $959 million to be recognised in the 2016 financial year results. CEO Brad Banducci says the turnaround…