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2,000 Jobs At Risk At Ailing Morrisons

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Morrisons is set to reveal a management restructuring in its stores within weeks that could lead to as many as 2,000 job losses. The move, resulting from trials of three possible slimmed-down management structures in around seven of its new stores, is likely to affect managers overseeing product categories such as fresh food or non-food across the chain's 500 stores, according to industry insiders.

The supermarket group is holding its annual shareholder meeting in Bradford on Thursday, where chief executive Dalton Philips is expected to face anger from investors, including the founding family, after overseeing dramatic declines in sales and profits.

Morrisons declined to comment on the potential job cuts. However, the group has previously said that the changes were intended to simplify store management structures and lift the number of staff serving at its fresh food counters.

More job losses for the job less recovery!

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Should sack 4000 the shareholders need their free money. They haven't worked for it so they deserve it more than the staff. Got to love capitalism..

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haven't the govt made it cheaper and easier to make redundancies? So this could just be the build up of dead wood over the Labour years being cleared out. middle management middle aged non jobbers being cleared out?

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  • 406 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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