LONDON, Sept 5 British retailer Marks & Spencer
said on Monday it plans to cut a net 525 roles from its
London head office as new Chief Executive Steve Rowe moves to
simplify the business.
The clothing and food group also plans to reduce the number
of roles permanently based in central London by about 400,
across IT and logistics.
The firm said it will enter into a formal consultation with
Confirmation of the job cut plans follows a Sky news report
on Saturday which said M&S planned to axe around 15 percent of
the roles at its headquarters.
(Reporting by James Davey; editing by Sarah Young)