UK department store Debenhams cuts 2,500 jobs

  • 📰 ANCALERTS
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 50%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

LONDON - UK department store chain Debenhams has axed 2,500 jobs, a spokesman said Tuesday, as the coronavirus pandemic piles further pressure onto the long-suffering group.

"Such difficult decisions are being taken by many retailers right now, and we will continue to take all necessary steps to give Debenhams every chance of a viable future," said a company statement.

Debenhams was saved from collapse in April after securing a deal with creditors but it had been struggling to survive long before the virus pandemic owing to a surge in online shopping.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of England sees less severe UK downturn
Source: ANCALERTS - 🏆 26. / 50 Read more »

DOH cautions public against fake contact tracersThe Department of Health (DOH) has cautioned the public on Monday against individuals introducing themselves as members of the department’s contact tracing team.
Source: manilabulletin - 🏆 25. / 51 Read more »

LRT-1 operator to reduce workforce as pandemic cuts ridership by 90 percent
Source: ANCALERTS - 🏆 26. / 50 Read more »

Dry run for start of classes marred by ‘glitches’MANILA, Philippines — Technical glitches marred the national readiness dry run of the Department of Education (DepEd) on Monday, August 10, 2020, for the opening of classes, but these were not
Source: cebudailynews - 🏆 8. / 71 Read more »

PH close to hitting 140,000 COVID-19 casesMANILA, Philippines — The number of coronavirus disease (COVID-19) cases in the Philippines is close to hitting the 140,000-mark, according to the latest data released by the Department of Health khallareINQ So much winning...
Source: inquirerdotnet - 🏆 3. / 86 Read more »

DepEd starts test airing of TV, radio episodes for blended learningThe Department of Education (DepEd) on Tuesday started the test airing of television and radio episodes to be used for blended/distance learning this school year.
Source: manilabulletin - 🏆 25. / 51 Read more »