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  2. International
111 new news items in the last 24 hours
14 May 18:25

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

Raluca Ioana Draghici
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International
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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
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BZI
Cutremur în moda de lux! Burberry concediază 1.700 de angajați și își reinventează strategia
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Newsweek
Concedieri la Burberry compania de lux care îmbracă politicienii români. 1.700 de oameni dați afară
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Antena3
O casă de modă de lux vrea să concedieze 18% din forţa sa de muncă globală
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Profit.ro
Burberry declanșează concedieri

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
Estée Lauder closes the Global Technology Center in Bucharest, opened in Bucharest in April 2023 and lays off approximately 150 employees.
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International
Amazon will lay off up to 30,000 employees to cut costs, affecting nearly 10% of corporate employees.
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Economy
Nestlé will reduce 12,000 jobs globally to save one billion Swiss francs annually by 2027, announces the new CEO, Philipp Navratil.
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International
Amazon has announced the layoff of 14,000 employees, part of a restructuring process for efficiency, in the context of prioritizing investments in artificial intelligence.
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Current Affairs
Bosch from Cluj is planning to eliminate 170 jobs by the end of December 2025, due to economic difficulties and stagnation in the automotive market.
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Economy
HP confirms the layoff of 6,000 employees as part of an organizational transformation strategy focused on modernizing processes and integrating Artificial Intelligence solutions.
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burberry Redundancies reducing the workforce cutting costs financial losses United Kingdom

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