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Asda seeks to reduce costs with overhaul of stores, shifts

  Bloomberg Asda, the highly leveraged UK supermarket chain, is planning to cut jobs and change working practices to save costs. Britain’s third-largest grocer wants to axe night shifts so that staff restock shelves during late evening or daylight hours instead. That would remove the premium paid to night-shift employees who work after midnight and also cut more than 200 ...

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Impossible Foods plans to lay off 20% of its workers

  Bloomberg Impossible Foods Inc., the maker of meatless burgers and sausages, is preparing to cut about 20% of its staff. The Redwood City, California-based company currently employs about 700 workers. The new round of dismissals could reduce that amount by more than 100. Impossible Foods offered voluntary separation payments and benefits to employees at the end of 2022, said ...

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Southwest names new tech chief

  Bloomberg Southwest Airlines Co. named a new executive to oversee technology investments and data platforms, just over a month after the carrier suffered from an operational meltdown that forced it to cancel more than 16,700 flights. Lauren Woods, who has been with the company since 2010, was named chief information officer and senior vice president of technology, taking over ...

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