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Hundreds of jobs are said to be at risk at supermarket giant Morrison after it brought in new cash-handling technology at its stores.
The new initiative, which has been introduced to improve its competitiveness, has put almost 700 positions in jeapordy.
According to reports, the company has begun a consultation with its 689 cash office managers and supervisors to scrap these roles, with some staff expected to be offered alternative positions.
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The chain was quoted as saying: "The introduction of new technology is an ongoing programme to ensure that Morrison continues to improve its competitiveness."
Back in March the group reported its first annual profit decline in six years.
In an effort to turn things around, it is currently in talks with Ocado Group to launch a online food store in 2014 and is also working to open more convenience stores.
Recent data from Kantar Worldpanel revealed that the group's share of the grocery market dropped to 11.7% in March, having been 12.3% a year earlier. None of the other "Big Four" saw a decline.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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