LONDON, Sept 5 (Reuters) - British retailer Marks & Spencer said on Monday it plans to cut a net 525 roles from itsLondon head office as new Chief Executive Steve Rowe moves tosimplify the business.
The clothing and food group also plans to reduce the numberof roles permanently based in central London by about 400,across IT and logistics.
The firm said it will enter into a formal consultation withaffected employees.
Confirmation of the job cut plans follows a Sky news reporton Saturday which said M&S planned to axe around 15 percent ofthe roles at its headquarters.
(Reporting by James Davey; editing by Sarah Young)