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

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

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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