UK retailer Debenhams confirms 2\,500 jobs to be cut due to coronavirus pandemic
LONDON- Struggling British department store Debenhams is to cut 2,500 jobs, saying it had to align its store costs with realistic trading expectations during the COVID-19 pandemic.
“We have successfully reopened 124 stores, post-lockdown, and these are currently trading ahead of management expectations," it said in a statement on Tuesday.
"At the same time, the trading environment is clearly a long way from returning to normal and we have to ensure our store costs are aligned with realistic expectations."
The latest job cuts were first reported by The Sun.