Marks & Spencer announce 950 jobs are at risk after coronavirus lockdown

The high street retailer has said the company will move to “a leaner, faster retail management structure” as it announced almost 1,000 job losses.

M&S are accelerating their management transformation plan, in which 950 jobs will be cut, after it was disrupted by the coronavirus lockdown, the firm has said.

The retailer has confirmed that a consultation period with employee representatives has begun, with voluntary redundancy packages being offered to affected staff first.

It is understood that the cuts are expected to impact roles at the company’s head office, property and store management areas.

950 jobs are under threat at high street chain Marks & Spencer. Photo: Getty Images.

Read More

Read More
Boots expected to cut over 4,000 jobs and close 48 stores due to the 'significan...

It is not yet known if any jobs in the North East will be under threat from the proposed plans.

It was revealed in May by M&S chief executive Steve Rowe that the company would be accelerating parts of its transformation plan with a programme titled “Never The Same Again”.

Now Sacha Berendji, the director of retail, operations and property at M&S, has said: “Our proposals reflect an important next step in our Never The Same Again programme to accelerate our transformation and become a stronger, leaner and more resilient business.

Advertisement

Hide Ad

“Our priority now is to support all those affected through the consultation process and beyond.”

The announcement makes Marks & Spencer the latest high street chain to announce job cuts, with the likes of Boots, Debenhams and John Lewis also confirming losses.

With the coronavirus lockdown having a major impact on many of our advertisers - and consequently the revenue we receive - we are more reliant than ever on you taking out a digital subscription.

Advertisement

Hide Ad

You can subscribe to this website and enjoy unlimited access to local news and information online and on our app. With a digital subscription, you can read more than 5 articles, see fewer ads, enjoy faster load times, and get access to exclusive newsletters and content. SImply click ‘Subscribe’ in the menu. You can subscribe to the newspaper with 20% off here. Thank you.