search icon
search icon
Flag Arrow Down
Română
Română
Magyar
Magyar
English
English
Français
Français
Deutsch
Deutsch
Italiano
Italiano
Español
Español
Русский
Русский
日本語
日本語
中国人
中国人

Change Language

arrow down
  • Română
    Română
  • Magyar
    Magyar
  • English
    English
  • Français
    Français
  • Deutsch
    Deutsch
  • Italiano
    Italiano
  • Español
    Español
  • Русский
    Русский
  • 日本語
    日本語
  • 中国人
    中国人
Sections
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
About Us
Contact
Privacy policy
Terms and conditions
Quickly scroll through news digests and see how they are covered in different publications!
  • News
  • Exclusive
    • INSCOP Surveys
    • Podcast
    • EU
    • Diaspora
    • Republic of Moldova
    • Politics
    • Economy
    • Current Affairs
    • International
    • Sport
    • Health
    • Education
    • IT&C knowledge
    • Arts & Lifestyle
    • Opinions
    • Elections 2025
    • Environment
134 new news items in the last 24 hours
  1. Home
  2. International

Burberry plans to lay off 1,700 staff by 2027, following significant financial losses, as part of a cost-cutting plan

Raluca Ioana Draghici
whatsapp
facebook
linkedin
x
copy-link copy-link
14 May 2025, 18:25
main event image
International
www.shutterstock.com
google-preference

Always see our news on Google

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

sursa imagine
G4Media
Burberry va concedia 1.700 de angajați, în contextul unor pierderi financiare semnificative
sursa imagine
BZI
Cutremur în moda de lux! Burberry concediază 1.700 de angajați și își reinventează strategia
sursa imagine
Newsweek
Concedieri la Burberry compania de lux care îmbracă politicienii români. 1.700 de oameni dați afară
sursa imagine
Antena3
O casă de modă de lux vrea să concedieze 18% din forţa sa de muncă globală
sursa imagine
Profit.ro
Burberry declanșează concedieri

Latest News

17:49

Romanian pensioners living abroad are required to send a life certificate to maintain their pension.

17:39

The facade of the Palace of the Parliament will be illuminated on August 24 in the colors of the Ukrainian flag.

17:31

George Simion entered the USA for meetings with American officials, ignoring calls from former ambassadors for a review of his visa.

17:24

Iran threatens the USA with a "devastating" response after new sanctions

17:24

Germany collaborates with Romanian authorities for the extradition of a man arrested in Romania, suspected of involvement in planned attacks and arms concealment.

See more news

NEWS ON THE SAME TOPICS

event image
Economy
British American Tobacco will lay off 5,500 employees and will move 3,500 positions to foreign companies, affecting 9,000 jobs.
event image
Economy
Porsche lays off 5,000 employees in Germany to reduce costs
event image
International
Porsche will eliminate 9,000 jobs by 2035
event image
Economy
BMW announces the elimination of 8,000 jobs in Germany through voluntary departures, affecting the administrative and development departments.
event image
International
Volkswagen announces the elimination of 50,000 jobs in Germany by 2030, with the possibility of increasing the number of layoffs by another 50,000 positions.
event image
Economy
The CEO of Volkswagen announced that the group could lay off 50,000 employees globally, in the context of rising costs and weak demand.
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview app preview
burberry Redundancies reducing the workforce cutting costs financial losses United Kingdom

Editor’s Recommendations

main event image
Politics
1 hour ago

PNL has validated new interim presidents for sectors 2, 3, 4, and 5 of the Capital. Former journalist Sanda Nicola, appointed head of Sector 2.

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
+3
main event image
Opinions
3 hours ago
Editorials and opinions

A critique of political communication

main event image
Politics
3 hours ago

Informat.ro Summary / What changes the new political parties law would bring. The project has been put up for public consultation.

main event image
Opinions
2 hours ago

Sever Voinescu: What is there to say about the nation

main event image
Current Affairs
2 hours ago

Interim Prime Minister Ilie Bolojan announced that PNL will support the Salary Law in Parliament

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
+1
main event image
Exclusive
4 hours ago

ANALYSIS The romantic rumor is not the problem. Rather, it is Natalie Harp's access to Trump.

main event image
Exclusive
8 hours ago
Original Content

EXCLUSIVE | August 21, 2026. Trends in online searches / last 24 hours

main event image
Sport
1 hour ago

The match schedule for the groups of the Romanian Cup edition 2026/2027. Who are Dinamo, Rapid, U. Craiova, and FCSB playing against?

app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview
app store badge google play badge
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
  • About Us
  • Contact
Privacy policy
Cookies Policy
Terms and conditions
Open source licenses
All rights reserved Strategic Media Team SRL

Technology in partnership with

anpc-sal anpc-sol