Marks & Spencer announces plans of cutting another 7,000 jobs. The British multinational retailer reports a 19.2% decline in sales. The London-based company says digital sales showed resilience. Marks & Spencer Group Plc (LON: MKS) expressed plans of slashing its workforce by another 7,000 jobs on Tuesday as the Coronavirus pandemic continues to keep Britain’s retail sector under pressure. According to M&S: “It...
Full ArticleMarks & Spencer announces plans of cutting another 7,000 jobs
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Marks & Spencer plans to cut 7,000 jobs over the next three months
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M&S plans to reduce the number of roles at the retail chain’s central support centre, in its regional management and UK stores