LONDON : Marks & Spencer Group Plc plans to cut 950 jobs in yet another blow to British shopping districts reeling from the coronavirus pandemic.The clothing and homewares retailer said the job losses would come from central support functions in its property and field operations as well as its store management network.
The cuts represent about 1.2% of its workforce of 78,000.M&S follows department-store chain Debenhams Plc, Walgreens Boots Alliance Inc.’s drugstores and the John Lewis Partnership Plc, owner of the upmarket grocer Waitrose, in announcing drastic job cuts.