US EditionMorrisons Closing 52 Cafes - Full List of Every Affected Branch
GLOUCESTERSHIRE, ENGLAND, AUG 9 – Morrisons is restructuring to improve performance after a private equity takeover, cutting over 3,600 jobs as part of cost-saving efforts despite a £2.1 billion pre-tax profit, officials said.
- Morrisons is closing 54 cafes and 17 convenience stores in the UK, leading to a loss of around 3,600 jobs.
- Despite returning to profit with a pre-tax profit of £2.1 billion, Morrisons has downsized its workforce from 104,819 to 101,144.
- The closures are part of a trend in the supermarket industry, with competitors like Aldi, Tesco, and Sainsbury's also reducing their workforce.
- Chief Executive Rami Baitieh stated that delivering value to customers remains a priority in a challenging economic environment marked by inflation.
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Morrisons to axe Glasgow cafes as thousands of workers set to lose their jobs
The closure come despite a return to profit for the first time since Morrisons' 2021 private equity takeover. The latest closures will lead to a loss of around 3,600 jobs across the UK.
·Glasgow, United Kingdom
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Morrisons closes 54 cafes and 14 stores across UK as full list revealed - The Mirror
Supermarket chain Morrisons has confirmed it will shut more than 50 of its in-store cafes and a number of Morrisons Daily convenience stores as part of a restructuring programme
·London, United Kingdom
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Coverage Details
Total News Sources10
Leaning Left3Leaning Right0Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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