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The British house Burberry is making hundreds of layoffs

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According to the Telegraph, there are fears among workers that up to 400 jobs will be at risk

Εκατοντδες απολσει&sigmaf ; κε οεκος Burberry 

<p> >Hundreds of layoffs are expected at British fashion house Burberry, after its share price plummeted. According to the Telegraph, the layoffs will take place mainly in the UK.</p>
<p>Employees were informed via Zoom video conference in late June. Those affected have been told they are either being made redundant or will have to reapply for their position.</p>
<p>There was a 45-day consultation at the company beforehand.</p>
<p>According to the Telegraph, the workers include fears that up to 400 jobs will be at risk.</p>
<p>Burberry employed more than 9,150 full-time workers during the 2023-24 financial year.</p>
<p>In 2020 it had made 500 redundancies , as part of an effort to save £55m amid pressures from the pandemic.</p>
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<div class=Source: www.kathimerini.com.cy

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