Boots and John Lewis will lay off 5,500 people in total!

Boots and John Lewis will lay off 5,500 people in total!

British giant retail store chains Boots and John Lewis are preparing to lay off 5,500 employees. Britain's largest pharmaceutical and healthcare chain Boots said that the company's headquarters will be reorganized; also announced that it would close 48 optic branches and lay off 4 thousand employees. In a statement made by John Lewis, 8 stores will be closed and 1,300 employees will be terminated. £ 30 Million Investment Plan British Finance Minister Rishi Sunak announced on July 8 an investment plan of £ 30 million to recover the economy. Speaking at the British parliament, Altar noted that the government's paid leave for those who could not work due to the coronavirus (Covid-19) pandemic will continue until the end of October. In addition, the Altar stated that at the end of the program, businesses will receive an additional £ 1,000 in support for each employee for 3 months. On the other hand, with the "Eat Out and Help" program to be implemented in August, Sunak said that the restaurants that would eat 50% off would benefit from the measure estimated to cost £ 500 million. The Hardest Contraction Since 1979! The British economy saw its sharpest contraction for the first time since 1979, with 2.2 percent in the first quarter of 2020. So much so that about 9.3 million people in the country benefit from paid leave support from the government.