Coronavirus pandemic 2020 information

Selfridges to axe 450 jobs in latest high street blow

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manchestereveningnews.co.uk

coronavirus pandemic has had a big impact with annual sales expected to be “significantly less” than last year. It has not yet been announced where the cuts will be made or if any stores will be closing.In a message to staff, group managing director Anne Pitcher warned the recovery will be “slow”, stressing 2020 will be “the toughest year we have experienced in our recent history”.“As you would expect at such a critical time, we have been carefully examining every aspect of our business – our structures, our costs, our ways of working – from top to bottom, leaving no stone unturned to ensure we are fit for purpose and the future," she said.“This has involved reviewing all non-essential expenses as well as pausing projects and initiatives.

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