Marks & Spencer To Cut Workforce – What The Analysts Said
Marks & Spencer has announced plans to cut its workforce by around 7,000 over the next three months, shedding roles in its central support centre, in regional management, and in its UK stores.
Announcing the plans, chief executive Steve Rowe said that the plans represent an "important step in becoming a leaner, faster business set up to serve changing customer needs."
Here's how leading industry analysts viewed the retailer's move:
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