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Morrisons boss: Job cuts to help 'modernise stores'

Morrisons has axed 2,600 jobs in a bid to "modernise the way the stores are managed" and "simplify" the management structure, the supermarket's boss said.

General view of a sign for Morrisons supermarket. Credit: Andrew Matthews/PA Archive

Dalton Philips, Morrisons chief executive, said: “This is the right time to modernise the way our stores are managed. These changes will improve our focus on customers and lead to simpler, smarter ways of working.

“We know that moving to the new management structure will mean uncertainty for our colleagues and we will be supporting them through the process.”

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Morrisons says no staff will lose out after data theft

Morrisons has reassured its staff that a theft of data from its payroll system will not leave any of them financially disadvantaged.

Morrisons has suffered a data theft from its internal payroll system, although no customers have been affected
Morrisons has suffered a data theft from its internal payroll system, although no customers have been affected Credit: Joe Giddens/PA Wire/Press Association Images

The supermarket confirmed that payroll data, inlcuding bank account details, had been stolen and published on the internet, affecting staff at "all levels" of the organisation.

Read: Morrisons payroll data stolen and published on internet

Morrisons said in a statement: "We have already informed our colleagues about the theft, and we are helping them take the appropriate actions to safeguard their personal data."

The grocer was made aware of the theft on Thursday and is working with data security experts to check the safety of its data systems.

Morrisons payroll data stolen and published on internet

Britain's fourth biggest supermarket Morrisons has suffered a data theft from its staff payroll system, including bank account details.

Morrisons has reported a theft of data from its internal payroll systems
Morrisons has reported a theft of data from its internal payroll systems Credit: Joe Giddens/PA Wire/Press Association Images

Morrisons said it was made aware on Thursday that the data had been published on the internet and sent on a disc to a newspaper.

The supermarket said no customer data had been stolen, and said initial investigations suggested the theft "was not the result of an external penetration of our systems".

Morrisons said it is working with the cyber crime authorities and the police to identify the source of the theft, and is urgently reviewing its internal data security measures.

Morrisons to cut prices to take on Aldi and Lidl

Morrisons Chief Executive Dalton Philips said it was investing £1 billion over the next three years in an aggressive price-cutting strategy to take on discounters such as Aldi and Lidl, saying:

We are going to lower our prices on a permanent basis.

The biggest challenge that we face is that there has been a fundamental change in how consumers view discounters.

They are no longer going to them out of necessity. The perception has changed and there is a new price norm.

The rules have changed and we must change too. It is absolutely critical that we begin winning again in our core supermarkets. To do that we must compete on price.

Mr Philips said that after 2015/16 no new supermarkets would be built other than in exceptional circumstances though its network of convenience stores would continue to be developed.

Read: Morrisons reports £176 million annual loss

Morrisons reports £176 million annual loss

Britain's fourth-biggest supermarket Morrisons slumped to an annual loss of £176 million today amid falling sales and one-off costs of £903 million.

The struggling supermarket fell into the red in the year up to February 2, after a profit of £879 million the year before.

The supermarket said the 'challenging consumer and market environment' would persist into the current year. Credit: Press Association

The £903 million charge included write-downs on the value of its stores and its 2011 acquisition of online children's wear retailer Kiddicare, which it now plans to sell in the wake of a poor financial performance.

Like-for-like sales were down 2.8% for the year.

Read: Morrisons boss: 'Wish we'd launched online service sooner'

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Morrisons boss' surprise at online delivery popularity

The chief executive of Morrisons has told ITV News' Business Editor Laura Kuenssberg of his surprise at the popularity of online deliveries - and admits his regret over not launching the service earlier:

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Dalton Phillips tells me he's surprised by how shoppers have gone digital 'I wish we'd started earlier' as he launches Morrisons online

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Phillips admits they re being hit by discounters, not just move online and says customers more skint than this time last year

Watch the Morrisons chief executive make the supermarket's first online delivery

Morrisons CEO makes supermarket's 1st online delivery

Morrisons CEO Dalton Phillips has made the supermarket first online delivery in the Midlands.

Read more: 'More people than ever' did Christmas shopping online

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