Marks & Spencer has plans for a new wave of job cuts, with more than 300 posts to go in stores around the country, according to documents seen by the Guardian.
The high street chain, which last week warned that its decision to close 100 stores would not necessarily be the end of its attempts to restructure, has been consulting on redundancies among managers in a bid to streamline its business.
Retailers that have gone bust 2017-18
Toys R Us: 180 stores employing 3,000 staff, collapsed 28 February. Owes £15m in VAT, due by 1 March.
Maplin: 200 electronics and gadget stores, founded 1972, also failed on 28 February.
Warren Evans: bedmaker went into administration earlier in February.
East: fashion brand with nearly 50 outle…
Read the full article at: https://www.theguardian.com/business/2018/jul/16/marks-spencer-to-cut-another-300-jobs-to-reel-in-management-costs