UK Supermarket Group Morrisons ‘to Cut Cash Manager Posts’

UK supermarket chain Morrisons has begun a four-week consultation period with almost 700 members of staff after unveiling plans to introduce cash-counting machines across 490 of its stores, according to the industry trade magazine ‘
The
Grocer’
.

The publication quotes a statement from the group, which confirms: “Morrisons has begun to consult with 689 cash office managers and supervisors about a proposal to remove management and supervisory positions in cash offices in stores. Morrisons will support its colleagues throughout this consultation process.”

A spokesman for the group added that the proposed systems would automatically count cash and improve efficiency. Morrisons is the UK’s fourth-largest supermarket chain and employs around 131,000 staff. The group has recently seen its market share fall to 11.7% in the 12-week period to 17 March against 12.3% for the same period a year earlier.

Whitepapers & Resources

2021 Transaction Banking Services Survey
Banking

2021 Transaction Banking Services Survey

5y
CGI Transaction Banking Survey 2020

CGI Transaction Banking Survey 2020

6y
TIS Sanction Screening Survey Report
Payments

TIS Sanction Screening Survey Report

7y
Enhancing your strategic position: Digitalization in Treasury
Payments

Enhancing your strategic position: Digitalization in Treasury

7y
Netting: An Immersive Guide to Global Reconciliation

Netting: An Immersive Guide to Global Reconciliation

7y