Britain’s M&S Plans to Cut 7,000 Jobs in Latest Blow to Retail Sector

Britain’s M&S Plans to Cut 7,000 Jobs in Latest Blow to Retail Sector
File photo showing a Marks and Spencer logo seen on an advertisement outside a store in London on May 23, 2018. Reuters/Toby Melville
|Updated:

Retailer Marks & Spencer will cut a further 7,000 jobs, the company said on Tuesday, as the CCP virus crisis deals another blow to Britain’s beleaguered retail sector.

The jobs to go are in UK stores and within regional management, and will be cut over the next three months.