Luxury brand Burberry has announced it will cut its global workforce by almost 20% as part of a cost-saving plan after reporting losses of 66 million pounds. The layoffs, which will mainly affect UK office teams, will also include redundancies at the Castleford factory. Chief executive Joshua Schulman emphasized that the measures are designed to protect UK production and that investment will be made in refurbishing the factory. Burberry is targeting annual savings of 100 million pounds by 2027.
Sources
Burberry va concedia 1.700 de angajați, în contextul unor pierderi financiare semnificative
Cutremur în moda de lux! Burberry concediază 1.700 de angajați și își reinventează strategia
Concedieri la Burberry compania de lux care îmbracă politicienii români. 1.700 de oameni dați afară
O casă de modă de lux vrea să concedieze 18% din forţa sa de muncă globală
Burberry declanșează concedieri
Latest News
09:10
EXCLUSIVE | August 21, 2026. Trends in online searches / last 24 hours
09:00
Traian Băsescu criticizes the government options that political leaders are discussing: "They mock the Constitution / They no longer care since they annulled the elections with the support of President Iohannis"
08:38
The nuclear power plant at Kozloduy, Bulgaria, is reducing capacity due to the low water level in the Danube.
08:15
Several Ukrainian soldiers may have deserted during training in Germany
07:56
The United States has announced new sanctions against Cuba / Washington accuses Havana of supporting a "subversive network" that seeks to expand its influence in America.
See more news