<p> Tesco is downsizing at its Fresh & Easy chain in the U.S. According to Reuters, Tesco said it has cut jobs at the California headquarters of its Fresh & Easy chain but maintains the action does not signal the chains exit from the country.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> The company insists that the move is about helping the chain achieve profitability. The company has been taking a more cautious approach to expanding Fresh & Easy.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> An estimated 50 jobs would be lost, according to the report, with Fresh & Easy currently employs just over 5,000 people.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://www.reuters.com/article/2012/07/27/us-tesco-jobs-idUSBRE86Q0AL20120727" target="_new">Fresh & Easy </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
