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Coronavirus: Marks & Spencer announces 7,000 redundancies

2020-08-18T08:25:36.381Z


UK retail chain Marks and Spencer announced it will cut 7,000 jobs over the next three months due to the impact of the pandemic and declining store numbers. The group, which employs more than 80. (ANSA)


(ANSA) - LONDON, AUGUST 18 - The British retail chain Marks and Spencer has announced that it will cut 7,000 jobs in the next three months due to the impact of the pandemic and the decline in the number of stores.
    The group, which employs more than 80,000 people worldwide, states in a note that the reduction of the workforce will mainly occur on a voluntary basis or through retirement. Going forward, Marks and Spencer intends to "adapt to changing consumer habits and focus on its online activities." (HANDLE).

Source: ansa

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