Footwear retailer Clarks is set to cut up to 900 jobs as part of the restructuring of the business to prepare for a post-coronavirus climate.
Clarks said it made 160 redundancies globally, including 108 job losses at its headquarters in Street, Somerset. They also revealed that over the next 18 months, the turnaround strategy will see it make another 700 employees redundant.
However, the reduction of 900 corporate roles will be partially balanced out by the creation of around 200 new jobs in the near future.
Clarks CEO Giorgio Presca said: “There are exciting opportunities ahead for our business, and we are having to make some difficult decisions to get there. We thank all affected staff for their contribution to our business and they leave their roles with our heartfelt respect and support.”
He added: “We are a business that walks its own path, and we are evolving to put our brand and consumers at the heart of everything we do. This will ensure that our organisation is made to last, empowering our people to contribute to a great future for the company.”
Regarding store closures, Clarks confirmed that they were continuing to review its shops as the coronavirus impact continues.