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Marks and Spencer cut jobs

The retailer said 950 jobs will go as part of plans to reduce store management and head office roles.
A spokesperson said that the move marks "an important step" in it becoming a "stronger, leaner" business.
M&S was already undergoing a transformation plan led by chief executive Steve Rowe which included cutting costs and closing some stores.
The firm said that due to the pandemic, those measures would be sped up under a programme called "Never The Same Again". M&S said it now wanted to to "make three years' progress in one".
It follows confirmation that Ted Baker looks set to cut about a quarter of its UK workforce after the coronavirus pandemic added to its financial difficulties.
The fashion retailer did not confirm the number, but there are reports 500 store and the head office jobs will go.
"We have not taken this decision lightly and would like to thank all our colleagues for their hard work," a spokesperson said.
The move is intended to saved about £6m by the end of the year.
Both part-time and full-time roles will be affected. About 200 jobs will go at the Ugly Brown Building, its London headquarters, with the rest from its 46 shops across the UK and Europe, as well as many store concessions.

https://www.bbc.co.uk/news/business-53471973#
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