Hundreds of Morrisons bakers face redundancy as BFAWU blasts private equity asset-stripping
A view of a store sign at a branch of Morrisons supermarket in Camden, London
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HUNDREDS of Morrisons bakers are being made redundant as a result of asset-stripping by the supermarket’s private equity owners, BFAWU said today.
The retailer has announced it will close its Rathbones site in Wakefield and make redundant 400 workers, many of whom have worked there for 20 years.
Bakers Food and Allied Workers Union (BFAWU) general secretary Sarah Woolley said: “Since Morrisons were bought out by Clayton Dubilier & Rice in 2021 we have seen the traditional cycle of private equity firm behaviour post takeover that throws workers on the scrapheap without even a glance back.
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