Britain’s M&S to cut 7,000 jobs

LONDON (Reuters) – British retailer Marks & Spencer said on Tuesday it plans to cut 7,000 jobs over the next three months as it streamlines the business for a post COVID-19 sales mix.

It said the jobs will go in its central support centre, in regional management, and in its UK stores.

M&S said it expected a significant proportion would be through voluntary departures and early retirement.

(Reporting by James Davey; editing by Sarah Young)