Morrisons is axing 3,000 middle managers as part of an overhaul of its store operations that also involves the recruitment of thousands of shop-floor staff. David Potts, Morrisons’ chief executive, who started his retail career working on a deli counter in Tesco, argues that they help differentiate Morrisons stores from rivals. The restructuring at Morrisons comes at a difficult time for the retail industry, the UK’s biggest private sector employer. About 57,000 high street jobs went in the last three months of 2019, according to figures published this week by the British Retail Consortium (BRC). The number of high street jobs has now been contracting for four years in a row, its report said.

Source: The Guardian January 23, 2020 13:08 UTC