Morrisons is reported today to be cutting costs, resulting in 700 back office positions being at risk. The positions are in the cash office, and Morrisons are looking to introduce machines to count cash in their place. It is surprising that money is still counted by hand, and it seems a logical investment by the company. However it does raise questions about how much investment has been deferred in the past, and how well equipped the company is for the future.

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