Asda puts over 150 jobs at risk after Christmas sales slump

Core Insights - Asda has initiated redundancy consultations for over 150 roles due to weak Christmas trading, resulting in a record low grocery market share [1][3] - The company plans to eliminate more than 80 managerial positions and several warehouse roles as part of broader cost-cutting measures [1][2] Financial Performance - Asda's market share fell to 11.4% in the 12 weeks ending December 28, with a sales decline of 4.2%, marking it as the only major UK supermarket to experience a drop in Christmas trading [3] - For Q3 2025, Asda reported revenues excluding fuel of £5.1 billion ($6.76 billion), with like-for-like sales decreasing by 2.8% [4] Operational Changes - The company is scaling back staff responsible for delivery handling at larger warehouses and placing logistics employees in Yorkshire at risk due to partial outsourcing of parcel operations to Evri [2] - Asda has undergone restructuring actions over the past 18 months under chairman Allan Leighton, including significant reductions in middle management and IT positions following a failed technology upgrade [3][4] Technology and Management - Asda's trading results were adversely affected by "severe disruption" from a large-scale technology overhaul linked to Project Future [5] - Cal Corcoran was appointed as group chief information officer on January 5, 2026, overseeing technology and data operations as Asda operates independently after separating from Walmart [5]