The world-famous British clothing brand Marks & Spencer lays off 7 thousand people.
The Covid-19 epidemic, which affected the whole world and caused many industries to experience an economic crisis, shook another company. Turkey also came to a decision shocked many customers located in the famous retail chain Marks & Spencer. According to the statement made by the company in question, 7 thousand employees will be dismissed due to financial losses caused by the Covid-19 outbreak. The reason for the layoffs in the next 3 months was shown that although internet sales are good, physical sales are far behind compared to 2019.
In the statement made by the company, it was stated that the sales of the stores reopened on June 15th decreased by 47.9 percent compared to the same period last year.
In the statement in question, it was noted that the company, which has approximately 40 thousand employees worldwide, has dropped 38.5 percent in the last 13 weeks. In the statement, which reported that sales made on the internet increased, it was stated that a total of 1.9 million new internet customers were gained in 2020.