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Marks & Spencer announces plans to shed 7,000 jobs after coronavirus pandemic
hereIt also expects to create “a number” of new jobs as M&S invests in its online capacity.Chief executive Steve Rowe said: “In May we outlined our plans to learn from the crisis, accelerate our transformation and deliver a stronger, more agile business in a world in which some customer habits were changed forever.“Three months on and our Never the Same Again programme is progressing; albeit the outlook is uncertain and we remain cautious.“As part of our Never The Same Again programme to embed the positive changes in ways of working through the crisis, we are today announcing proposals to further streamline store operations and management structures.“These proposals are an important step in becoming a leaner, faster business set up to serve