Market Topco Limited, which owns Morrisons, reported revenues of £15,772 million for the year.
Across its stores, average monthly employees dropped from 85,508 to 81,305. Manufacturing roles fell from 7,612 to 7,123, while distribution roles decreased from 5,424 to 5,213.
The retailer also noted that there was a £10 million exceptional charge relating to restructuring costs during this time, up from 2024’s cost of £4 million.
Morrisons stated that the job losses were a result of not replacing staff who had left.
“There was no additional redundancy programme in stores, where numbers were only reduced by not replacing those who had chosen to leave.”
A spokesperson for Morrisons commented: “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.
“Debt and interest costs were both reduced and the underlying performance of the business was robust, with the company continuing to generate healthy underlying EBITDA and strong operating cashflow. We have reduced debt by 46% since 2022 and have no near term maturities.
“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 down-sizing 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.”





















