Asda's Bonus Cut Sparks Anarchy Concerns

In the UK, supermarket chain Asda has axed bonuses for over 10,000 managers due to poor financial performance. After struggling under the new ownership of the Issa brothers and TDR Capital, Asda's market share and sales have declined, leading to morale issues and fears of "anarchy" among staff. New executive chairman Allan Leighton, known for past successes with Asda, faces a daunting task of reviving the company. His efforts include job cuts and restructuring but coincide with the absence of a permanent CEO and criticism from unions. The company's financial challenges could trigger significant internal upheaval.