17/06/2014

Morrisons To Axe 2,600 Jobs

Struggling supermarket chain Morrisons has confirmed it plans to cut 2,600 jobs and introduce a "simpler management structure" at its stores as sales and market shares continue to fall.

The management structure represents 2% of its workforce.

Chief Executive Dalton Philips said: "This is the right time to modernise the way our stores are managed. These changes will improve our focus on customers and lead to simpler, smarter ways of working."

The supermarket employs 126,000 staff, however it also plans to recruit 1,000 more staff at its Morrisons M local convenience stores and 3,000 in new supermarkets.

(CVS/CD)

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