Nearly 700 jobs are at risk at Morrisons. The Bradford-based supermarket is looking to cut costs after a fall in annual profits. Its 2012 profits fell by 7% to £879 million.
Morrisons is the fourth biggest supermarket in the UK. It is rolling out new machines to replace manual cash-counting in its back offices and has started a four-week consultation with 689 cash office managers and supervisors across its 490 stores.
The latest job cuts follow its decision to axe 165 roles at its headquarters six months ago by outsourcing financial transaction processing to an Indian firm.
The introduction of new technology is an ongoing programme to ensure that Morrisons continues to improve its competitiveness. The new technology will simplify the operation and mean that cash can be automatically counted."
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