BREAKING: UK’s Marks & Spencer to cut 7,000 jobs

Retail giant Marks & Spencer has said it plans to cut around 7,000 jobs over the next three months across stores, regional management and its support centre.

According to Mirror, M&S, which employs 80,000, is expected to start consulting with staff on cuts on Tuesday.

The retailer is already axing 950 management roles as coronavirus accelerates an ongoing shake-up.

The transformation plan, called Never the Same Again, is being stepped up after the disruption of lockdown when the M&S food arm stayed open but its clothing arm was hit hard.

M&S, under boss Steve Rowe, said previously that “significant” cost-cutting was needed as its clothing and home arm was
“severely constrained”.