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Marks & Spencer Cuts 950 Jobs as Thousands More Remain at Risk

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Marks & Spencer is slashing nearly a thousand jobs, with more cuts at risk in the months ahead. The U.K. apparel giant is eliminating 950 jobs, compressing what was a three-year turnaround plan into just 12 months after coronavirus-induced turmoil forced swift bottom-line action. The first round of cuts will hit headquarters and store-management-level employees,…

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