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TheCountOfNowhere

Morrisons Plans 2,600 Job Cuts

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i have friend who works for morrions. there was 5 people in his department there are now 2. here is near retirement agent so he dont care

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It's always a curios thing when a well established operation like this suddenly 'discovers' that it is running with significant over manning in the management department.

If that is actually the case then surely the first guy to go should be the CEO who has presumably been letting this happen? Instead he is positioned as a master of efficiency who rides in to save the day.

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Managers and even owner operated businesses can be notorious staff hoarders. I've known a few run top heavy because of mythical growth prospects, empire building and even the (honourable) desire to build and retain a talented, experienced and loyal team.

Edited by aSecureTenant

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Good god! "The statement suggested that some stores currently had seven tiers between the shop floor and the store manager"

During my 15 years at Morrisons it was all ways the following.

Staff > Department supervisor > Department manager > store deputy manager > store manager

How the hell have they managed to pad that out to 7 layers

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Good god! "The statement suggested that some stores currently had seven tiers between the shop floor and the store manager"

During my 15 years at Morrisons it was all ways the following.

Staff > Department supervisor > Department manager > store deputy manager > store manager

How the hell have they managed to pad that out to 7 layers

Staff - Team Leader - Department Supervisor - Department Manager - Store Deputy Manager - Store Manager - Area Manager

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This is hardly surprising. They've been on a downward trajectory for a while. They need to do something to correct this.

I sold all my MRW stock last year, gladly I got out before I lost anything. Tbh I should've shorted them!

Went in there last week on the way home to grab a few beers etc for the England game. 2030hrs and all the checkouts closed (bar one) even all of the self checkouts. Result was 10 people in the queue. Some even abandoned their baskets. Unmotivated staff shuffling around like zombies, weird heavy metal music playing that just made you want to get out of there asap. Rudderless ship.

Morrisons sandwiched somewhere between Aldi, Lidl and Adsa are toast.

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Not looked at a their share chart. If the news is bad might look to go long.

Edited by aSecureTenant

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Not looked at a their share chart. If the news is bad might look to go long.

It has fallen past £2, and I think that will probably become the new resistance level for some time. There is a lot of work to do to turn this ship around - MRW is only worth buying if one is patient.

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I quite like Morrisons, the sandwiches are better than those from Tescos or Sainsburys.

On the subject of over-staffing, my theory is that many managers will fight to retain their subordinates even if they are almost completely useless, because the manager's status and salary is dependent on the number of people reporting to them.

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