M&S to axe 7,000 roles as coronavirus hammers sales

Marks & Spencer

Marks & Spencer is set to cut 7,000 roles across the business in the next three months, as it looks to streamline its strategy amid the coronavirus pandemic.

The retailer said that the affected roles would be in its central support centre, across regional management and in stores, “reflecting the change felt throughout the business” over the past few months. 

M&S said that it expects the majority of job losses to come from voluntary redundancies or early retirements. The retailer said it planned to create new jobs in online fulfilment, marking a shift in the business.

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