Marks and Spencer, a retail shop for items like clothes, shoes, and many others are set to cut their jobs by 950 as a means to create more adaptable management structures.
The company which has employed a lot of people and created an avenue for people to gain employment all over the country stated that the move marked “an important step” in it becoming a “stronger, leaner” business.
M&S director of retail, operations, and property Sacha Berendji in a statement stated that the changes would help the company adjust more and come out stronger.
“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.”She said.
“Our priority now is to support all those affected through the consultation process and beyond.”She added.
M&S’s food stores were open throughout the coronavirus lockdown, but trading in other parts of the business was severely affected. Clothing sales fell by 84% year-on-year at the lowest point, the firm said in May, warning that some customer habits had “changed forever”.