Data: Covid job crisis deepens as major retailers swing the axe

Store closing

Retail job losses have accelerated in 2020 as the coronavirus crisis batters the sector. 

Thousands of roles have been axed since the turn of the year as major retailers including Marks & Spencer, John Lewis, Sainsbury’s, Dixons Carphone and Boots seek to restructure their operations.  

Almost 150,000 jobs were lost across the sector last year but that looks set to increase in 2020 as retailers come to terms with the impact of the pandemic.

 

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