A Marks & Spencer head office employee who contacted the media regarding the retailer’s plans to cut redundancy pay for staff has been suspended.
The story that M&S was to propose a 25 per cent cut on redundancy pay-outs to staff was leaked to the press last week, sparking fears of job losses.
The whistle-blower has now been suspended, pending a disciplinary hearing next Monday, where he will be represented by the GMB union.
A spokeswoman for M&S said that it was “an internal matter and an investigation is under way”.
M&S said it is consulting its staff about reducing maximum redundancy payments from 72 weeks to 52 weeks. A spokeswoman said: “It’s about making sure our policies are up to date. We have benchmarked our benefits and we are still coming out ahead of our competitors.”
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