UK ready-meals supplier S&A Foods has announced a restructure that is expected to see 55 jobs axed.
The firm, headquartered in Derby, said it was looking to reduce its operating costs in order to remain competitive in “an increasingly challenging trading environment”.
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“After a thorough review of all aspects of the business, we are announcing the restructure in order to reduce costs and improve operational efficiency. As a consequence, we will be able to provide the best possible value and quality to our customers and, in turn, their shoppers,” said managing director Des Kingsley.
S&A Foods supplies Indian ready meals to Asda. Staff have entered a 30-day consultation process and the firm said all customers had been notified of the restructure.
“I am confident that S&A Foods will become the lowest cost operator in UK chilled ready meals production as a result of the restructure, strengthening the company’s future offer,” Kingsley said.
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By GlobalData
