Morrisons' Financial Struggle Over 1bn Loss and Job Cuts

Morrisons' Financial Struggle  Over  1bn Loss and Job Cuts
Daily Business News
Morrisons' Financial Struggle Over 1bn Loss and Job Cuts

Mar 14 2024 | 00:00:11

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Episode March 14, 2024 00:00:11

Show Notes

Explore the challenges Morrisons faced with over 1bn in losses and the drastic measure of cutting 8,800 jobs amid rising debt costs following a 2021 takeover. A crucial analysis for CTOs and CISOs to understand the implications of financial decisions and debt management in corporate security and technology strategies.

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