The brewing and distribution side is unaffected by the proposals Picture: GREGG BROWN.
Greene King Retail Staff Handbook Full Year ResultsThe firm, which is facing increased costs, saw an 11 drop in profits to 243m when it announced its full year results in June.It is hoping to minimise job losses at the two sites, which employ around 1300 to 1400 staff in total, around of 1000 of which are based at Bury, through the newly created posts and other vacancies being created within the group. A spokesman for Greene King said: The industry in which we operate is facing considerable cost pressures, and we are not immune. We need to focus on supporting our pubs and believe the proposed structure will deliver a simpler, more effective way of working and at the same time reduce costs. This decision has not been taken lightly but is critical to ensure that Greene King is sustainable and fit for the future. We are hugely proud and passionate of our roots and heritage and are absolutely committed to Bury St Edmunds, which has been our home for 219 years. The pub retailer and brewer acquired Spirit Pub Company for 774m and set about integrating the functions two years ago. Chief executive Rooney Anand said in June that he was expecting the trading environment to remain challenging for some time, although the business had made good progress. This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why were asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.
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