UK high street stalwart Marks and Spencer has announced that it plans to cut 950 jobs.The store said “proposed changes would affect 950 roles across central support functions in field and central operations and property and store management”.
It is reported the company has begun consultation with its “employee representative group” and will initially offer voluntary redundancy to those affected.
M&S food stores remained open throughout the lockdown, but trade in other parts of the business has been severely affected. In May, the company said clothing sales had been down by more than 80% year-on-year at the lowest point.
It comes amid reports on Monday that 500 jobs will go at fashion retailer Ted Baker. Both part-time and full-time roles will be affected, with about 200 jobs expected to go at its London headquarters and the rest from its shops and store concessions across the UK and Europe.
Many other high street retailers have announced job cuts this month due to the pandemic. They include:
- 4,000 jobs at Boots
- Up to 1,300 at John Lewis
- Up to 700 jobs at Harrods
- About 600 workers at shirtmaker TM Lewin
Source:Â bbc.com