Morrisons plans to close its unprofitable Rathbones bakery, threatening 378 jobs in Wakefield.

Morrisons, the UK's fifth-largest supermarket, plans to close its Rathbones bakery in Wakefield, threatening 378 jobs. The bakery has been unprofitable since Morrisons acquired it in 2005. The company is exploring options to save some jobs and has stated that its 450 in-store bakeries will not be affected. Unions have criticized the move, accusing the private equity owners of asset-stripping since the 2021 takeover.

November 20, 2024
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