IN BRIEF (Page 16)
China Daily | Updated: 2008-10-21 08:05
M&S to cut jobs
Marks & Spencer is to cut dozens of head office jobs following its decision to scale back its store expansion and refurbishment program, the Daily Telegraph reported on yesterday.
The company said it had started consultations with staff in its property and store design and development departments as a result of its decision to reduce its growth plans but gave no details. The newspaper, citing people familiar with the situation, said three-quarters of the roles in the store design and development team would be cut and a large number of property positions would be axed.
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