Britain's Primark to cut 400 store management jobs
Published: 2022-01-21 08:51:49 BdST
The Primark logo can be seen on windows at Primark's new Spanish flagship store in Madrid, Spain, in this October 15, 2015 file photo. REUTERS
A plan to simplify British clothing retailer Primark's in-store retail management structure will result in the net loss of about 400 jobs, the finance chief of owner Associated British Foods said on Thursday.
"A number of roles are going to be
affected. Will there be a net reduction? Yes. And that net reduction is the 400
figure," finance chief John Bason told Reuters.