British clothing-to-food retailer Marks & Spencer could axe up to 950 management and administrative jobs to counter slumping profits and sales in the face of the coronavirus outbreak, it said on Monday, July 20.
The enforced closures, which sought to halt the spread of the killer disease, were imposed on March 23 and lasted almost 3 months for non-essential stores. "The proposed changes would affect 950 roles across central support functions in field and central operations and property and store management."
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