Coles will spend more than $700 million on new automated distribution centres
Coles have cited cost-cutting reasons for replacing a substantial number of their workforce at 5 different sheds with two large automated distribution centres, with the aim of catching up with their main competition Woolworths.
The significant investment by Australia's second-largest food and liquor retailer will dent bottom line profits in its first year as a stand-alone listed company. Coles said on Friday it would book provisions of between $130 million and $150 million in 2019 to cover the cost of closing the five warehouses, including job losses and exiting leases.
You can read more about the closure of the warehouses here.
On Friday 7 December NUW organiser, members and activists will meet for the 2018 Fair Australia Prize debate, focusing on the effects of automation on the Australian workforce. The topic is particularly relevant for workers at Coles DCs across Queensland and NSW who are facing redundancy to make way for automated centres.