Morrisons to replace 700 staff with robots

morrisonsMachines could take the jobs of nearly 700 Morrisons back office staff.

The supermarket, which employs around 131,000 staff and has 490 UK stores, has reportedly embarked in four week consultation talks with with  689 cash office managers after looking at the machines to cut costs.

It follows the company posting a loss of £879 million in 2012, which was a drop of seven percent.

Last month it also announced that it had seen a pretax profit drop to £901 million in February this year compared to the £935 million made in 2011.

Over the past few months the company has been making changes in a bid to compete with its supermarket rivals.

In March it announced it would be moving into the online grocery delivering space. It is also planning to build up its army of 12 convenience stores, and snapping up  62 sites from the  administrators of Jessops, HMV and Blockbuster.

The supermarket claimed that using the new robots would speed up the cash counting process. It said it would continue to support those potentially affected throughout this consultation process.”