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TSCDY Tesco PLC (PK)

11.79
0.23 (1.99%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Tesco PLC (PK) USOTC:TSCDY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.23 1.99% 11.79 11.67 11.81 11.81 11.6702 11.70 96,880 21:03:41

Tesco Hires 35,000 in 10 Days to Help Meet Virus-Driven Demand Boost

31/03/2020 2:01pm

Dow Jones News


Tesco (PK) (USOTC:TSCDY)
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By Matteo Castia

 

Tesco PLC said Tuesday that it has hired 2,500 new drivers and 5,000 new pickers this week in an effort to man up its expanding home delivery and click-and-collect services, as online demand keeps rising amid consumers' concerns over the continuing coronavirus pandemic.

"Covid-19 has led to unprecedented levels of demand for grocery shopping services," Chief Executive Dave Lewis said.

Earlier this month, the U.K.'s largest grocer by market share had launched a campaign to recruit 20,000 new staff to increase its headcount and better navigate the pandemic.

"In the last 10 days, more than 35,000 new colleagues have joined Tesco to support our stores. The response to our call for new recruits has been incredible," Tesco said.

Shares at 1225 GMT were down 8.7 pence, or 3.7%, at 224.4 pence.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

March 31, 2020 08:46 ET (12:46 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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