Marks & Spencer to cut 950 jobs as COVID-19 continues to devastate the UK high street
High street retailer Marks and Spencer (M&S) has announced that it will be cutting 950 store management and head office jobs due to the impact of the coronavirus pandemic.
M&S was already planning on costs and closing some stores ahead of the COVID-19 enforced lockdown, put due to the impact on retail in the UK, the company has had to accelerate those plans.
M&S has now started a consultation process with its employees and has offered voluntary redundancy to some staff members.
Sacha Berendji, Director of Retail, Operations and Property at M&S, said: “Through the crisis, we have seen how we can work faster and more flexibly by empowering store teams and it’s essential that we embed that way of working. Our priority now is to support all those affected through the consultation process and beyond.”