Mark and Spencer announces to cut 950 Jobs

Well, known, British Company, Marks and Spencer announced on Monday, that they are planning to cut 950 jobs at its office and stores due to the current scenario of Covid-19.

 This cut represents 1.2% of its total workforce of 78,000 people. This step has been taken, in spite of shoppers returning to the high street, because according to analyses

The number of people out is just 40% according to the figures given by Springboard, while on the other hand, London is suffering more, as it’s shopper’s number has decreased by 71%.