540 jobs to go at famous Burberry.
Hard times at Burberry. Even the CHAVS are staying away, adding to Burberry’s misery.
so 290 jobs are to be cut in the UK and the factory at Rotherham (South Yorkshire) will be closed. A further 250 jobs are to be cut in Spain, as it turns out they are doing a poor job there as well.
The job losses at Burberry are part of a programme to cut costs by £50 million across the group. In November, Burberry announced cost cutting of up to £20 million but no actual redundancies then. As well as the Yorkshire closure, an underperforming business in Spain which manufactures for that market will also be shut down.
Job losses: 540
Related Web Links:
- Burberry set for jobs cut- Business Scotsman
- Burberry Unveils Cost-Cutting Plans – Wall Street Journal
- Outrage at plans to close Burberry factory – Nafferton Today
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