Morrisons planning to close Rathbones bakery arm with hundreds of jobs at risk
Briefly

Morrisons is planning to close its Rathbones bakery, risking 378 jobs, following a review of the business deemed loss-making despite previous growth and investment efforts.
A spokeswoman for Morrisons stated that they have explored several options for returning the bakery division to profitability, yet none have proven successful, leading to potential redundancies.
Union leaders criticized the supermarket’s private equity takeover, saying it represents the traditional cycle of asset stripping and neglect of employees, labeling the decision to close as short-sighted.
Sarah Woolley, general secretary of the Bakers Union, expressed outrage, stating this closure unfairly impacts workers, ultimately transforming lives for hundreds due to mismanagement.
Read at London Business News | Londonlovesbusiness.com
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