Key Takeaway
Bakery chain says move is necessary to provide growth in the ‘most cost-efficient manner’Business live – latest updatesGreggs has announced plans to close four of its factories, in a move that could result in 740 job losses over the next two and a half years. The bakery chain said it was consulting on the closures, which would initially cost £60m…
Published September 30, 2026 · Category: News
Overview
Bakery chain says move is necessary to provide growth in the ‘most cost-efficient manner’
Greggs has announced plans to close four of its factories, in a move that could result in 740 job losses over the next two and a half years.
Details
The bakery chain said it was consulting on the closures, which would initially cost £60m when including disruption costs and redundancy payments, but then could create £20m of savings each year by 2028.
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Source
Originally published at www.theguardian.com.
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What is "Greggs to close four UK factories with potential for 740 job losses" about?+
Bakery chain says move is necessary to provide growth in the ‘most cost-efficient manner’Business live – latest updatesGreggs has announced plans to close four of its factories, in a move that could result in 740 job losses over the next two and a half years.The bakery chain said it was consulting on the closures, which would initially cost £60m when including disruption costs and redundancy payments, but then could create £20m of savings each year by 2028. Continue reading...
Who reported this story?+
This story was reported by The Guardian World.