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W H Smiths cuts jobs

WH Smith is considering cutting 1,500 jobs - 11% of its workforce - after the lockdown caused sales to plummet.
Most of the jobs being lost will be at the company's travel sites, situated at airports and railway stations.
The firm said the impact of the coronavirus outbreak meant it expected to report a loss of £70-75m for the year to the end of August.
WH Smith is the latest High Street name to consider job cuts amid the disruption caused by the pandemic.
The company has 575 High Street shops and employs more than 14,000 people. Revenue at its travel division, which includes stores at airports and rail stations, fell 92% in the first month of lockdown.
At its High Street division, sales were still 25% down in July after lockdown eased.
WH Smith said it had now reopened all its High Street stores and 246 of its largest travel division sites, those in airports, railway stations and hospitals.

https://www.bbc.co.uk/news/business-53661767
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