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Share Price: 261.50

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Prev. Close: 261.50

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UK retailer M&S to announce hundreds of job cuts -Sky News

Sun, 19th Jul 2020 21:43

July 19 (Reuters) - British retailer Marks and Spencer Group
Plc plans to announce hundreds of job cuts in the coming
week, Sky News reported on Sunday, citing sources.

The job cuts would be part of redundancy plans the company
will be announcing in the coming days, according to the Sky
report https://news.sky.com/story/coronavirus-ms-to-announce-hundreds-of-job-cuts-this-week-12032189.
Several thousand jobs are expected to be cut during coming
months, the report added without specifying the number.

M & S was not immediately available to a Reuters request for
comment.

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Peter
Cooney)

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