Asda puts over 150 jobs at risk after Christmas sales slump

Key Highlights

• These steps follow a run of restructuring actions introduced over the past 18 months under chairman Allan Leighton.
• Last July, Asda reduced in-store middle management through widespread manager redundancies while hundreds of IT positions were eliminated last year after a failed technology upgrade.
• The report said that the retailer’s market share fell to 11.4% in the 12 weeks to 28 December after sales declined by 4.2%, making it the only major UK supermarket to record a drop in Christmas trading.
• Consultations are underway to determine the final number of departures as Asda seeks to steady performance and recover lost share.
• For Q3 2025, the company recorded lower underlying sales, blaming the decline on significant disruption linked to a large-scale technology overhaul.