- Morrisons cut almost 5,000 jobs last year as it sought to improve its finances amid a major turnaround programme.
- The retailer's average monthly workforce fell from 101,144 employees to 96,232 during the year to October 2025, a reduction of 4,912 roles.
- The cuts affected staff across the business, including more than 4,200 store positions, alongside jobs in food manufacturing and distribution.
- A Morrisons spokesperson stated that the decline in employee numbers was largely driven by specific business changes, including the closure of its newspaper home delivery service.
- Morrisons fell to a £629 million annual pre-tax loss, before exceptional items.
- The retailer is in the process of a major turnaround programme under boss Rami Baitieh to reverse its fortunes after losing market share to rivals.
Morrisons has cut nearly 5,000 jobs as part of a significant turnaround effort to enhance its financial standing. The retailer's average monthly workforce decreased from 101,144 employees to 96,232 during the year ending October 2025, marking a reduction of 4,912 roles.
The job cuts impacted various sectors within the company, with over 4,200 positions in stores being eliminated, alongside roles in food manufacturing and distribution. A spokesperson for Morrisons stated that the decline in employee numbers was primarily due to specific business changes, including the closure of its newspaper home delivery service, restructuring within the retail team, and downsizing of the Rathbones bakery operation.4
This move is part of a broader strategy under CEO Rami Baitieh to reverse the company's fortunes after experiencing a loss of market share to competitors. The retailer reported a £629 million annual pre-tax loss before exceptional items, highlighting the urgency of its turnaround programme. Morrisons aims to stabilize its operations and regain competitiveness in the challenging grocery market.
The cuts reflect the ongoing challenges faced by the supermarket sector, as companies adapt to changing consumer behaviors and economic pressures.
“The job cuts included over 4,200 positions in stores, as well as roles in food manufacturing and distribution. Morrisons, under CEO Rami Baitieh, is implementing a major turnaround programme after reporting a £629 million annual pre-tax loss.”
Telegraph & Argus
Yahoo Finance UK
