Morrisons has started a four-week consultation with almost 700 members of staff after revealing plans to introduce cash-counting machines across 490 of its stores.

The retailer, which employs 131,000 staff in the UK, saw its share of the grocery market drop to 11.7% in the 12 weeks to 17 March (Kantar Worldpanel) compared to 12.3% in 2012, and is under pressure to cut costs.

The Bradford-based supermarket says the introduction of cash-handling systems will improve efficiency.

“Morrisons is introducing cash-handling systems and technology which will improve the efficiency of cash office operation in its 490 stores,” said a spokesman for the company.

“The introduction of new technology is an ongoing programme to ensure that Morrisons continues to improve its competitiveness. The new technology will simplify the operation and mean that cash can be automatically counted.

“As a result, Morrisons has begun to consult with 689 cash office managers and supervisors about a proposal to remove management and supervisory positions in cash offices in stores. Morrisons will support its colleagues throughout this consultation process.”