Morrisons sheds almost 5,000 jobs as turnaround push continues
Morrisons shed almost 5,000 jobs last year as the supermarket worked to stem its losses amid a turnaround push.
In recently filed accounts, Morrisons said its average monthly workforce declined from 101,144 people to 96,232 in the year to October 2025, meaning staff levels fell by 4,912 in the period.
Subscribe to TRBThe majority of roles were lost in stores, where numbers fell by more than 4,200. Jobs in food manufacturing and distribution were also affected.
A Morrisons spokesperson said: “Colleague numbers in the year ending October 2025 primarily reflect the impact of the closure of the newspaper home delivery service in convenience, the restructure of the retail people team and the downsizing of Rathbones bakery business.”
They added: “There was no additional redundancy programme in stores, where numbers were only reduced by not replacing those who had chosen to leave.”
Owned by US private equity firm Clayton, Dubilier & Rice, the supermarket is currently working through a major turnaround programme led by chief executive Rami Baitieh.
Morrisons’ revenue in the year to October rose by 2.8% to £15.7 billion, with like-for-like sales growing in every quarter. However, it posted a pre-tax loss of £629 million before exceptional items and its reported net debt increased to £7.52 billion from £7.07 billion in the prior year.
The supermarket said the net debt figure included lease liabilities and preference shares, meaning net debt was £3.2 billion if these were excluded.
