Bbc News
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M&S to cut 7,000 jobs after pandemic leads to slump in sales - BBC News
Posted
August 18, 2020
Views
24,203
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198
Comments
147
Engagement
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August 18, 2020
24,203
198
147
1.43%
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2:31Now PlayingMarks and Spencer is planning to cut 7,000 jobs by the end of the year, after a slump in sales due to the coronavirus pandemic.
The cuts come on top of 950 job losses the company had already announced and amount to about 10% of its workforce.
M&S is the latest business to announce major job losses as the UK enters the worst recession of any developed country.
Reeta Chakrabarti presents BBC News at Ten reporting by business correspondent Emma Simpson.
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