Marks & Spencer to Cut Around 7,000 Jobs

Aug.18 — Marks & Spencer Group Plc plans to cut about 7,000 jobs over the next three months after its clothing business was hit hard by the coronavirus lockdown. Bloomberg’s Deirdre Hipwell reports on “Bloomberg Markets: European Open.”

In This Story: Lockdown

During the 2020 Covid-19 epidemic, lockdown has come to mean the practice of attempting to control transmission of the virus by means of restricting people’s movement and activities on a broad scale, usually on a national or state-wide basis.

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