Superquinn axes 80 jobs to cut costs

UP to 80 jobs are to go at Superquinn as part of a cost cutting exercise, it confirmed yesterday.

Since October last, 40 jobs have been axed and another 40 jobs have been targeted to go in the months ahead.

Superquinn, which is the smaller of the supermarket giants in Ireland with just 19 stores against 70 for Tesco, denied it is under pressure to cut costs in order to shore up falling profits.