Morrisons, headquartered in Bradford, reported the reductions in its latest financial accounts, which show that its average monthly workforce fell from 101,144 to 96,232 in the year to October last year.

This marks a loss of 4,912 jobs across the business.

The job losses included more than 4,200 store positions, with additional cuts in food manufacturing and distribution.

Nearly 5,000 jobs were lost at Morrisons last year

A spokesman for Morrisons said: “Colleague numbers in the year ending October 2025 primarily reflect the impact of the closure of the newspaper home delivery service in convenience, the restructuring of the retail people team and the downsizing of the Rathbones bakery business.

“There was no additional redundancy programme in stores, where numbers were only reduced by not replacing those who had chosen to leave.”

The cuts come as the company continues a turnaround plan under chief executive Rami Baitieh, following a decline in market share to rivals Aldi and Lidl.

Despite the staff reductions, revenue grew by 2.8% to £15.7 billion.

However, the retailer reported a pre-tax loss of £629 million before exceptional items.

Morrisons also revealed that its reported net debt rose to £7.52 billion, up from £7.07 billion the previous year.

The figure includes lease liabilities and preference shares.

Net debt excluding these items stood at £3.2 billion.

The company said its underlying earnings before interest, tax, depreciation, and amortisation (EBITDA) remained steady at £835 million, despite higher costs linked to the autumn budget.

The spokesman said: “In our 2025 full year we grew like-for-like sales every quarter, maintained EBITDA and our market share, and demonstrated our resilience in the face of some tough external headwinds, from the cyber incident, rising inflation and government cost increases, which we worked hard to offset.”

Morrisons is currently the UK’s sixth-largest supermarket group and is owned by US private equity firm Clayton, Dubilier & Rice.

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