Marks & Spencer, the British retail chain selling clothes and food, is to cut around 7,000 jobs as the coronavirus pandemic increasingly pushes customers to shop online, it said on Tuesday, August 18.
Alongside the job cuts, M&S"expects to create a number" of positions to help the group meet a surge in online demand for its products. "It is clear that there has been a material shift in trade and whilst it is too early to predict with precision where a new post-COVID sales mix will settle, we must act now to reflect this change," Marks said.and John Lewis, as well as pharmacy group Boots, in cutting thousands of jobs owing to fallout from COVID-19., more than any European neighbor, as the lockdown plunged the country into its deepest recession on record.
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.
Source: gmanetwork - 🏆 12. / 63 Read more »
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Source: ABSCBNNews - 🏆 5. / 83 Read more »
Source: ABSCBNNews - 🏆 5. / 83 Read more »
Source: ANCALERTS - 🏆 26. / 50 Read more »
Source: ABSCBNNews - 🏆 5. / 83 Read more »