Recent News and Discussions About Burberry Layoffs
Burberry Plans 500 Job Cuts Globally, 150 in the UK
https://www.businessinsider.com/burberry-plans-500-job-cuts-globally-150-in-the-uk-2020-7
Jul 15, 2020 — Burberry could cut 500 jobs, it said today. · The proposed layoffs would impact roughly 5% of its global workforce of 10,000 employees. · The …
Burberry Sets Layoffs as Sales Bounce Back in Mainland …
https://wwd.com/business-news/financial/burberry-sets-layoffs-as-sales-bounce-back-in-mainland-china-korea-1203679015/
Jul 16, 2020 — Burberry Sets Layoffs Despite Sales Rebound in Mainland China, Korea … In the first quarter ended June 27, Burberry’s retail sales fell …
Rivian Plans Hundreds of Job Cuts Following Surge in Staffing
https://www.bloomberg.com/news/articles/2022-07-11/rivian-plans-hundreds-of-job-cuts-following-surge-in-staffing
4 days ago — Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly …
Microsoft Cuts Jobs in Structural Adjustment, Plans More Hiring
https://www.bloomberg.com/news/articles/2022-07-12/microsoft-cuts-jobs-but-plans-increased-headcount-this-year
4 days ago — It said it plans to keep hiring for other roles and finish the current fiscal year with increased headcount. The layoffs , affecting less than 1% …
Burberry Shares Are Tumbling Because Covid-19 Hit Sales …
https://www.barrons.com/articles/burberry-shares-are-tumbling-because-covid-19-hit-sales-hard-and-layoffs-are-coming-51594817294
Jul 15, 2020 — What’s new. Burberry’s restructuring includes cutting around 5% of its global 10,000-strong workforce, including 150 British-based office roles, …
Burberry plans 500 job cuts amid sales drop | Vogue Business
https://www.voguebusiness.com/companies/burberry-plans-500-job-cuts-amid-sales-drop
Jul 15, 2020 — Burberry is slashing 500 staff in the wake of the Covid-19 pandemic and a 45 per cent sales decline in the last quarter. The job cuts and …
Burberry Sales Rise, But Layoffs Are Planned | Facebook
https://www.facebook.com/notes/wwd/burberry-sales-rise-but-layoffs-are-planned/44307543413/
Third-quarter revenues rise 30 percent as company announces plans to cut more than 500 jobs.
Burberry plans job cuts as sales fall sharply – Financial Times
https://www.ft.com/content/2f9f7114-d838-4dad-b491-bec8983b6119
Jul 14, 2020 — British luxury fashion group Burberry warned of a continued drop in sales as it revealed plans to cut jobs amid the coronavirus pandemic …
Burberry to cut 500 jobs worldwide in £55m cost-saving drive
https://www.theguardian.com/fashion/2020/jul/15/burberry-to-cut-500-jobs-worldwide-in-55m-cost-cutting-drive-covid-19
Jul 15, 2020 — Burberry is to cut 500 jobs worldwide, including 150 in its UK head offices, as part of plans to slash costs by £55m after a slump in sales …
Burberry to cut 500 jobs as luxury demand faces slow recovery
https://www.reuters.com/article/us-burberry-group-outlook/burberry-to-cut-500-jobs-as-luxury-demand-faces-slow-recovery-idUSKCN24G0MO
Jul 14, 2020 — The company announced the layoffs alongside a 45% drop in first-quarter like-for-like sales, reflecting store closures following lockdowns …