Greggs to close four UK factories with potential for 740 job losses

Greggs to close four UK factories with potential for 740 job losses

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. The bakery chain said it was consulting on the closures, which would initially cost £60 m when including disruption costs and redundancy payments, but then could create £20 m of savings each year by 2028.

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