M&S to cut 7,000 jobs over next three months
Marks & Spencer has said it will cut 7,000 jobs over the next three months across its business.
The retailer said it expected a “significant proportion” of the jobs to go through voluntary redundancy and early retirement.
It said the coronavirus pandemic had made it clear there had a been a “material shift in trade”.
In-store sales of clothing and home goods were “well below” 2019, while online and home deliveries were strong.